109 PABLO POINT Drive
About This Property
This meticulously maintained gem invites you to enjoy a life of ease and sophistication. The open floor plan ensures a spacious and welcoming environment for entertaining, while the dining room provides an intimate space for memorable family meals. Extend your living space to the screened lanai, a versatile area that can be easily transformed into a sun room if you desire, with pre-existing heating and cooling ducting. You just need to add windows! Nestled at the end of a peaceful cul-de-sac, this home is graced by mature trees and a huge backyard, complete with an 8-ft privacy fence, perfect for tranquil relaxation or exuberant gatherings. Unique features also include a 10' wide double gate with a spacious runway at the front for placing big toys in the fenced back yard and a rear gate in the backyard that opens to Atlantic Blvd. providing convenient access to walk the bridges and explore the city.
This residence comes with a generous two-car garage, and for those interested in a truly turnkey experience, the option to purchase the tasteful furniture is available. Imagine starting your next chapter in a home where every corner reflects pride of ownership. This is a rare find ready for you to make it your own.
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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 |
|---|---|---|---|
| Jun 21, 2024 | Sold | ||
| Sold | |||
| May 23, 2024 | In contract | - | |
| In contract | |||
| May 14, 2024 | Price Decreased |
$525,000
↓ $10K
(1.9%) | |
| Price Decreased | |||
| Apr 25, 2024 | Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS SOUTHSIDE | $535,000 | |
| Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS SOUTHSIDE | |||
| Jan 12, 2021 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017