11 ARK CT
About This Property
The kitchen is equipped with appliances, all installed within the past five years, comprising of a gas stove/range, refrigerator, and a dishwasher that is merely six months old. Additionally, you'll find the convenience of a washer and gas dryer located on the second-floor laundry area.
Upstairs, a full bathroom with brand new West Shore Home tube/shower newly installed in June of 2023, is accessible from either the generously sized master bedroom, measuring 12x18 feet, or the hallway. To ensure accessibility, a chair lift has been added to the stairway, which can be included with the property or removed upon request. The carpet upstairs is brand new, contributing to the home's fresh and inviting atmosphere.
Ceiling fans have been installed in both the living room and all of the bedrooms, promoting air circulation and enhancing comfort. Notably, the property is equipped with solar panels, a wise investment made approximately five years ago, resulting in reduced energy costs.
Outside, the well-maintained front lawn and beautiful flowering plants create an inviting curb appeal. At the rear of the property, a newly installed concrete patio and a vinyl fence provide a private and enjoyable outdoor space ideal for relaxation and entertainment. To help preserve the gutters, gutter guards were also installed.
Showings will start after Open House on 9/16.
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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 |
|---|---|---|---|
| Oct 20, 2023 | Sold | ||
| Sold | |||
| Sep 28, 2023 | In contract | - | |
| In contract | |||
| Sep 14, 2023 | Listed by Exit Homestead Realty Professi | $249,900 | |
| Listed by Exit Homestead Realty Professi | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017