10122 Authors WAY
About This Property
Step inside to discover elegant granite countertops, luxurious wood-like tile flooring, and a detached garage complemented by a private yard-a perfect retreat for relaxation. Embrace sustainability with solar panels, ensuring reduced utility costs, while smart home features add convenience and efficiency.
Built in 2017, this home boasts pristine condition, echoing its newness. The sought-after community of Storey Park offers resort-style amenities, including a lavish pool, well-equipped fitness center, tennis courts, trails, and ample guest parking. Positioned within the gated Innovation area of Storey Park, privacy and security are paramount.
Don't miss the opportunity to experience the epitome of contemporary living. Book your tour today and witness firsthand the unparalleled charm and functionality this home has to offer. We look forward to welcoming you soon!
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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 |
|---|---|---|---|
| Oct 4, 2024 | Sold | ||
| Sold | |||
| Aug 28, 2024 | In contract | - | |
| In contract | |||
| Jul 25, 2024 | Price Decreased |
$489,900
↓ $5K
(1%) | |
| Price Decreased | |||
| Jul 12, 2024 | Price Decreased |
$494,900
↓ $3K
(0.6%) | |
| Price Decreased | |||
| Jun 13, 2024 | Listed by SECURE 1 REAL ESTATE CORP | $498,000 | |
| Listed by SECURE 1 REAL ESTATE CORP | |||
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About Orange
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017