42
Map
11 IVY HILL 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 |
|---|---|---|---|
| Aug 29, 2024 | Sold | ||
| Sold | |||
| Aug 8, 2024 | In contract | - | |
| In contract | |||
| Aug 1, 2024 | Listed by Bach Real Estate | $650,000 | |
| Listed by Bach Real Estate | |||
| | |||
|
OPEN HOUSE HAS BEEN CANCELLED. Home is under contract. Located in the quiet neighborhood of Brookridge South just moments from Middletown's vibrant downtown where new shops have just opened and popular restaurants await your arrival. You may not want to leave your beautiful new home though - Replacement windows flood the rooms with natural light and show off the wood floors that were installed in 2020 throughout the main floor and second floor landing. Dining in will be easy in the kitchen that was updated in 2021 with quartz counters and stainless appliances - you have your choice of dining locations - choose the table in your eat-in kitchen or opt for a formal dinner in the separate dining room or go alfresco on the deck overlooking your fully -fenced backyard (the sun sets on the front of the house so you can enjoy time on the deck comfortably all day). After dinner enjoy a nightcap in the living room or get cozy by the gas fireplace in the family room. The fully finished lower level has a full bath and currently serves as a private guest suite but also makes a great game room that allows you to walk-out to the backyard to play your favorite outdoor games or just enjoy time by the firepit that was installed in 2022. When you are ready to retire at the end of the day, the second floor offers four nice-sized bedrooms. The primary bedroom has an en-suite that was remodeled in 2021 with a large subway tiled shower that includes a transom window for natural light and seamless glass doors that show off the details. A new double bowl vanity makes sharing the space easy and a walk-in closet completes the suite. A second full bath in the hallway services the other bedrooms. Enjoy all of this with the knowledge that you will be comfortable and safe from the elements - the roof was new in 2018 and the water heater was new in 2021. The neighborhood enjoys the community park at its entrance and also the coveted Middletown schools. Nothing to do here but move in and enjoy.
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| Jun 29, 2009 | Sold | ||
| Sold | |||
| Dec 21, 1993 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017