101 Covey WAY
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 |
|---|---|---|---|
| Jan 17, 2024 | Sold | ||
| Sold | |||
| Dec 4, 2023 | In contract | - | |
| In contract | |||
| Dec 4, 2023 | Price Decreased |
$349,900
↓ $39K
(10.1%) | |
| Price Decreased | |||
| Aug 3, 2023 | Listed by TREVOR WATERS REALTY INC | $389,000 | |
| Listed by TREVOR WATERS REALTY INC | |||
| | |||
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OWNER FINANCING AVAILABLE! 3.75%-4% rate! Welcome to your perfect retreat! This brand new 2176 sqft, 3-bed, 2-bath Jacobson 2023 Manufactured home sits on a double lot spanning 1.15 acres, offering ample space to fulfill your dreams. 9-foot ceilings with crown molding add a touch of elegance to the home. The chef's kitchen boasts an oversized island, smart stainless-steel appliances, gas range, and a fabulous pantry. Indulge in the upgraded master bath with custom walk-in closet. Premium Mohawk waterproof white oak laminate flooring, and quartz countertops. The bonus room with wet bar adapts to your needs. Stay connected with Starlink high-speed internet. Includes, 20x30 storage building with roll up door, 2-car carport, and new concrete driveway. Enjoy access to COWPEN Lake through the $56 a year HOA fee. Located on a serene cul-de-sac, seize this chance to experience the epitome of modern living combined with nature's tranquility.
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| Jul 23, 2023 | Listed by TREVOR WATERS REALTY, INC. | $349,900 | |
| Listed by TREVOR WATERS REALTY, INC. | |||
| | |||
|
OWNER FINANCING AVAILABLE! 3.75%-4% rate! Welcome to your perfect retreat! This brand new 2176 sqft, 3-bed, 2-bath Jacobson 2023 Manufactured home sits on a double lot spanning 1.15 acres, offering ample space to fulfill your dreams. 9-foot ceilings with crown molding add a touch of elegance to the home. The chef's kitchen boasts an oversized island, smart stainless-steel appliances, gas range, and a fabulous pantry. Indulge in the upgraded master bath with custom walk-in closet. Premium waterproof white oak laminate flooring, and quartz countertops. The bonus room with wet bar adapts to your needs. Stay connected with Starlink high-speed internet. 20x30 storage building with roll up door, 2-car carport, and new concrete driveway. Enjoy access to COWPEN lake! Located on a serene cul-de-sac, seize this chance to experience the epitome of modern living combined with nature's tranquility.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017