1 Rachel Drive
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 6, 2024 | Sold | ||
| Sold | |||
| Mar 8, 2024 | Listed by Keller Williams Realty West Monmouth | $750,000 | |
| Listed by Keller Williams Realty West Monmouth | |||
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Welcome to this beautiful modern home in New Egypt! The 1st floor has a large foyer with hardwood flooring, a formal living room, and a dining room with wood floors and cathedral ceilings. Updated kitchen with tile flooring and granite counters, a center island large eat-in area with patio doors leading outside, high-end appliances, 6 burner stove/oven, wall oven, under counter microwave, and 2 drawer dishwasher. The family room with fireplace and a primary bedroom with an en-suite that leads out to the paver patio and pool area. The second floor features 3 large bedrooms, a laundry room with a walk-in pantry and the 2nd bedroom features a sitting room. The partial basement has one finished exercise room. The home has an attached 2-car garage and a detached oversized 3-car garage. The fully fenced backyard features a paver patio and a saltwater inground pool with a waterfall feature and solar heating system. Don't miss this!
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| Dec 16, 2020 | Sold | ||
| Sold | |||
| Oct 9, 2020 | Listed by Century 21 Burke Realty | $669,000 | |
| Listed by Century 21 Burke Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017