1199 HATCHER Road
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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.
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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 |
|---|---|---|---|
| Jun 20, 2023 | Sold | ||
| Sold | |||
| May 10, 2023 | Listed by COLDWELL BANKER VANGUARD REALTY | $529,900 | |
| Listed by COLDWELL BANKER VANGUARD REALTY | |||
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Just off the beaten path of Blanding Blvd and Old Jennings lies the quiet country Hatcher Road. This long stretch of peaceful thoroughfare will find you exhaling your worries as you gaze onto the wonderful homesteads on your right all built with the singular purpose of living how they want without association rules and regulations on multiple acre property tracts. One of these such homes sits serenely back off the road on it's 3.43 acre semi cleared spread amongst a gorgeous pecan grove. A large gate on the back of the grove opens to a freshly cut, tree lined path that winds its way to a secret picturesque pond. The property has yet to be fully imagined as there are still multiple wooded areas ripe for design. As special as this immense property is, the true jewel is the custom built open concept home upon it. You will be greeted with well thought out details from the moment you open the front screen door on the luxury lanai. Year round enjoyment as you kick back by the fireplace watching your favorite team or taking your first sip of coffee in the morning. Through the front door you enter into a truly great room with an inviting large sectional directed intently towards the television and second fireplace. The rest of the open floor plan works beautifully offering a large dining area that could accommodate multiple generations for the holidays or special occasions. The chef inspired kitchen with its eat at breakfast bar is complimented by a sea of stone counters and a plethora of custom cabinets. You will next want to saunter into the spacious owners suite to envision outfitting her with your own lavish furnishings. The suite is highlighted by an incredible 3 headed, wood grained tile shower grand enough for royalty and large enough for a squash team. Side note- the walk in closet may actually be bigger than the coliseum of a shower. The other two bedrooms are found downstairs just off the great room and up the back stairs for a too cool for their own good teenager or visiting guests. The second bathroom is also on the wow tip as in it's quite large and nicely well appointed. This home and stunning property absolutely must be seen, so please do!
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| Apr 6, 2017 | Sold | ||
| Sold | |||
| Feb 23, 2017 | Sold | ||
| Sold | |||
| Jan 18, 2017 | Listed by PREMIER HOMES REALTY INC | $69,900 | |
| Listed by PREMIER HOMES REALTY INC | |||
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About Clay
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017