1169 GARRISON 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 |
|---|---|---|---|
| Oct 23, 2022 | No longer available | - | |
| No longer available | |||
| Oct 8, 2022 | Price Decreased |
$610,000
↓ $30K
(4.7%) | |
| Price Decreased | |||
| Sep 28, 2022 | Price Decreased |
$640,000
↓ $5K
(0.8%) | |
| Price Decreased | |||
| Sep 14, 2022 | Price Increased |
$645,000
↑ $35K
(5.7%) | |
| Price Increased | |||
| Sep 2, 2022 | Listed by FLORIDA HOMES REALTY & MTG LLC | $610,000 | |
| Listed by FLORIDA HOMES REALTY & MTG LLC | |||
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LAST CHANCE FOR AFFORDABILITY IN SOUTH HAMPTON. If you are looking for shared space where everyone still has privacy, this is the house for you. The entire floor plan is built for flexibility, to fit your lifestyle. The Master Bed/Bath room is completely separate from the other bedrooms/bath. And both are separate from the 460 square foot bonus room upstairs, with full bath, dual closets and wonderful views of the 11th fairway.
The three bedrooms on the ground floor are nicely clustered for privacy and ease of maintenance, especially with the laundry room so handily located. This area is split from the ground floor master suite, with granite dual sinks, water closet, separate tiled shower and garden soaking tub. The well-organized kitchen is suited for both aspiring and proficient cooks, with beautiful 42" cabinets, granite countertops, and stainless steel appliances featuring a flat top stove with double ovens. There is also a built-in desk area to facilitate work or supervise homework while meal prep ensues. And at the end of the day, relax on the spacious screened-in lanai overlooking the fenced-in back yard to the beautifully maintained golf course.
Buying an existing home provides so much value - the lawn and landscaping is established, the back yard is already fenced, the lanai is already screened. This home also boasts a brand new roof with a 25 year warranty!
So come look. There is room for formal living/dining space in addition to the comfortable gathering area, with eat-in kitchen and family room. And there is plenty of room for a pool to expand your personal oasis if you wish.
South Hampton offers resort-style amenities for a reasonable HOA fee and no CDD. These include an 18 hole golf course, Olympic-sized pool, splash park, clubhouse with gym and 100 acres of parkland with picnic areas. For even more fun, take advantage of the playgrounds, tennis and pickle ball courts and soccer fields. There is even storage for your RV.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017