1005 Flood Road
About This Property
2 car garage plus a separate workshop with an extensive concrete drive that includes discrete RV/boat parking. The home's spacious open floor plan shows well with a Great Room and wood-burning, stone fireplace. A Chef's kitchen boasts cherry cabinets & granite, a spacious pantry, beverage station and banquet seating. 2 bonus rooms:The 2nd floor has built-ins perfect for home office or project room and 3rd floor features a Gym! French doors lead from the Great Room and Master suite to a well-appointed, pool, spa and garden. The views offered from the great room and master suite showcase the multi-level poolside/spa entertainment area and designer gardens.
The designer gardens are on a separate well/drip irrigation system. This home is very energy efficient with blown-in insulation, a new 5-zone HVAC system, and a variety of mature shade trees. Life has it's rewards and many of them will be enjoyed right here in this pristine setting!
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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 |
|---|---|---|---|
| Feb 28, 2020 | Sold | ||
| Sold | |||
| Jan 19, 2020 | Listed by Coldwell Banker Paradise | $449,900 | |
| Listed by Coldwell Banker Paradise | |||
| May 14, 2019 | Sold | ||
| Sold | |||
| Mar 29, 2019 | Listed by Coldwell Banker Paradise | $439,900 | |
| Listed by Coldwell Banker Paradise | |||
| Nov 6, 2017 | Sold | ||
| Sold | |||
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About White City
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017