1016 Basilwood Drive
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 |
|---|---|---|---|
| Feb 16, 2021 | Sold | ||
| Sold | |||
| Nov 20, 2020 | Listed by Crawford and Company, REALTORS | $569,000 | |
| Listed by Crawford and Company, REALTORS | |||
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Enjoy the calming canal view as you enter the refined elegance of this tastefully updated home. Stunning hand scraped hardwood floors and muted shades of elegance greet you in the foyer. Spacious formal living and dining areas are perfect for entertaining friends and family. The kitchen boasts granite counter tops, double ovens and custom cabinets. The primary bedroom is perfect for a private sitting area to reflect and watch the wildlife on the canal. Primary and secondary bathrooms have been updated with granite counters, tile and plumbing fixtures. Large laundry room off of 3 car garage has room for an extra refrigerator. Enjoy the back patio views with no need to worry about mosquitos thanks to mist system.
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About Lakewood Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017