11309 WACOMOR DR
About This Property
This one will wow you!! Solid all brick rancher situated on almost an acre of land nestled in a mature community. This home is turn key ready and has hit the market for the first time ever! Boasting four bedrooms and two full baths. Freshly painted throughout. Gorgeous new refinished hardwood flooring throughout the main level including all three main level bedrooms. New plush carpet installed in the family room and in the finished basement. New septic system installed (2023). Newer windows installed by Thompson Creek. Home is equipped with a full house generator. Formal separate dining room with new brush nickel lighting. Cozy family room off the kitchen with a gas fireplace. Formal spacious living room with an additional gas fireplace. Attached two car garage with plenty of additional driveway parking. Huge partially finished basement with walk out featuring a large recreation room with an additional bedroom and full bath with updated vinyl flooring in the hall. Additional basement level garage with freshly painted concrete walls and flooring, great for storage, lawn equipment or that classic car. Additional unfinished utility room for storage. No HOA fees. Minutes from the grocery store, restaurants, and shopping. This one you will want to see!
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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%.
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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 24, 2023 | Sold | ||
| Sold | |||
| Apr 14, 2023 | In contract | - | |
| In contract | |||
| Apr 8, 2023 | Listed by Long & Foster Real Estate, Inc. | $559,000 | |
| Listed by Long & Foster Real Estate, Inc. | |||
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About Montgomery
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017