10609 Cloisters Drive
About This Property
As you step through the front door, you're greeted by high ceilings and a bright, open floor plan seamlessly connecting the living and dining areas. The living room boasts a lovely fireplace, creating a cozy ambiance for those chilly evenings. The kitchen is a chef's delight with granite countertops, stainless steel appliances, recessed lighting, and a convenient pantry. Escape to the luxurious primary suite, featuring a spacious walk-in closet and updated primary bath. The bath boasts new tiling, a garden tub, glass shower, and dual vanities. Step outside to discover your private oasis – a yard and patio that are perfect for entertaining.
Nestled in a great neighborhood community, this home is conveniently located close to shopping and restaurants. Click the Virtual Tour link to view the 3D walkthrough.
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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 14, 2024 | Sold | ||
| Sold | |||
| Nov 16, 2023 | Listed by Orchard Brokerage, LLC | $289,000 | |
| Listed by Orchard Brokerage, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017