111 SE 28TH Street
About This Property
Home has 2 central air units power line from garage to run generator. Lots of storage. Open French doors to catch a nice breeze. Home has been well cared for.
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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 |
|---|---|---|---|
| May 3, 2018 | Sold | ||
| Sold | |||
| Oct 16, 2017 | Listed by WATSON REALTY CORP | $234,000 | |
| Listed by WATSON REALTY CORP | |||
| Nov 18, 2015 | Sold | ||
| Sold | |||
| Sep 19, 2015 | Listed by WATSON REALTY CORP | $175,000 | |
| Listed by WATSON REALTY CORP | |||
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Country charm surrounds you in this beautifully maintained home. Upon your arrival, you will be greeted by manicured landscaping surrounding the home and the circular drive leading to both of the garages. Upon entry to the home, the Family Room provides a comfortable setting for relaxing or entertaining with fireplace and double French doors leading to the screened lanai. The formal Dining Room overlooks the Family Room and is adjoined by the kitchen. The large Owners Suite has original brick feature wall, a vaulted ceiling with wood plank design and loft area and is adjoined by a spacious master bath and walk in closet. The master bath boasts a large walk in tile shower, tall vanity and newly designed high toilet. Just outside the Owners Suite is a spacious area that can serve as a sitting area, office, fourth bedroom or whatever the new owners envision. The remaining two bedrooms are separate in this split design and offer their own retreat style level, quietly away from the rest of the home.
The backyard oasis offers a hot tub on the screened lanai, plenty of space to relax in the lanai or out under the newly added Pergola covered sitting area. The tranquil setting in the back yard offers all the relaxation that you could ask for. A double gate on one side of the property offers access to a 16X35 RV/ Boat parking pad. Side entry 2 car garage is accompanied by a 2 car detached garage that can be utilized as a garage or workshop. The extra utility shed allows for yard equipment or storage.
This is a MUST SEE home; bring your buyers, as the sellers are motivated to move forward!!!
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| May 29, 2015 | Listed by WATSON REALTY CORP | $175,000 | |
| Listed by WATSON REALTY CORP | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017