1112 NUTMEG DRIVE
About This Property
Freshly painted inside and out, this home features a brand-new roof with a 5-year transferable warranty. Step inside to find new Premier luxury vinyl plank flooring and elegant 5.25-inch baseboards throughout. All bedrooms and the living room boast new ceiling fans, while the kitchen shines with hardwood shaker-style, soft-close cabinets, upgraded salt-and-pepper granite countertops, a stylish tile backsplash, stainless steel appliances, pasta pot filler, brand-new reverse osmosis system, and an abundance of storage with three pantries.
The primary suite offers a walk-in closet, dual-sink vanity, and a beautifully tiled walk-in shower. The guest bathroom features a tiled tub/shower combo and a new vanity. Major systems are in excellent condition with an AC from 2020 and water heater from 2024.
Outside, enjoy a sparkling pool recently resurfaced in Miami Blue with new glass tile accents. The freshly painted pool cage has all new screens, plus a new pool filter, color-changing light, jet covers, and steps. The backyard is fully fenced with block and Hardie board and has two gate doors, one on each side of the yard. This corner lot is professionally landscaped with salt-and-pepper rock, mature trees, and colorful plantings - and even the driveway has been freshly epoxied for a long-lasting finish.
Buyer incentives: Receive a 1.5% lender credit toward closing costs or rate buy-down when using our preferred lender! Down payment assistance is available for those who qualify.
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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 10, 2025 | Sold | ||
| Sold | |||
| Sep 11, 2025 | In contract | - | |
| In contract | |||
| Aug 13, 2025 | Listed by DALTON WADE INC | $349,999 | |
| Listed by DALTON WADE INC | |||
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About Crystal Lake
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017