1014 Deerfield Road
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 |
|---|---|---|---|
| Jul 15, 2024 | Sold | ||
| Sold | |||
| Jun 22, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
| Jun 22, 2024 | In contract | - | |
| In contract | |||
| Jun 21, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
| Jun 18, 2024 | Listed by Hashlang, Inc. | $399,500 | |
| Listed by Hashlang, Inc. | |||
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Hidden GEM! In town Location! Location! Location! Near downtown Deerfield, shopping, the train and fabulous Maplewood Park! It's a delightful vintage 3 bedroom home with a big front porch! Huge lot on Forest and Deerfield Road with a detached 2-car garage! This spacious stucco home has all the charm and detail of its 1920 vintage pedigree, with updates lovingly added to create an open floor plan! Added to this is the large and private corner yard (16,819 sf) with patio! The newer, oversized detached 2 car garage has its driveway come in off Forest Avenue. The charming home features hardwood floors, a large dining room -- with a beautiful white coffered ceiling -- open to the kitchen and breakfast bar and newer appliances. The sun-drenched cozy sunroom overlooks the patio and features a hand-stenciled hardwood floor. The powder room is lovely! Upstairs, the three bedrooms are spacious, with good closet space; they share a large and newly-updated hall bath. The basement adds a big Rec Room and large storage / laundry / mechanicals space. Many updates, including lighting, electrical and painting. Lot zoning allows for a duplex here, although the existing home is single family. That fact offers a buyer a wonderful "Value Add-On" in this desirable location because, while the property is currently single family, it has R-4 zoning, which means that the property can be redeveloped and 2 units put on this lot in the future, per the Village of Deerfield. It offers the rare opportunity to live in it, or to use it for investment. Tax reduction approved and taxes do not reflect a homeowner exemption. Call Shara for easy access.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017