10 Joyce Place
About This Property
The first-floor bedroom is an ideal space for those who prefer single-level living. The additional two bedrooms in this home are situated on the upper level. Each bedroom boasts its own unique features, such as cozy alcoves. While the bedrooms may benefit from cosmetic updates, they offer comfortable spaces for rest. A half bathroom on the upper level serves the bedrooms, and while it may require some renovation, it presents an excellent opportunity to design a rejuvenating and modern bathing area.
Additionally, the home provides a partially finished basement that can be transformed into a versatile space, such as a home office, playroom, or extra living area. The basement also offers potential for additional storage and houses laundry facilities and a fabulous workshop space.
The centerpiece of the backyard is the above-ground pool, providing a refreshing escape during the hot summer months. It provides ample space for outdoor furniture, allowing you to create seating areas where you can bask in the sun, read a book, or host small gatherings.
Overall, this 3-bedroom Cape Cod style home presents an exciting opportunity for those with a vision for updating and renovating. With its classic charm and ample potential, it offers a blank canvas for you to reimagine and create a home that perfectly suits your taste and lifestyle.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jul 21, 2023 | Sold | ||
| Sold | |||
| May 19, 2023 | Listed by Berkshire Hathaway HomeServices Fox & Roach - Perrineville | $379,000 | |
| Listed by Berkshire Hathaway HomeServices Fox & Roach - Perrineville | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017