12010 69TH STREET E
About This Property
From the moment you arrive, you'll appreciate the pride of ownership throughout, starting with the exterior curb appeal, beautiful landscaping, and cozy covered front porch with bench seating. Inside, the home features vaulted ceilings, fresh interior paint, new carpet in one of the bedrooms and thoughtful updates that create a bright, open, and inviting atmosphere. A newer roof adds peace of mind, while the well-maintained condition makes this home truly move-in ready. All bedroom closets have custom built-in storage systems, and there is a reverse osmosis system in the kitchen too! Step out through your French doors to your freshly painted screened in and covered back porch, while admiring your multiple vegetable gardens. Feel secure knowing you have an exterior generator hookup, emergency water tanks (approx. 1,200 gallons) and a wired home security system with 8 channels.
On your 1 acre sprawling property you'll feel truly free. Harvest your fruits and vegetables in the existing multiple gardens, and enjoy the large chicken pen with hatching area and a large rabbit pen. The chickens and rabbits can be purchased too! 19 Rhode Island Red-hatched egg layers and "Florida White" rabbits, 1 buck & 2 doe. The property includes a plethora of plants including Travelers Palm, Silver Bismark Palm, Triangle Palm, East African Acacia, Norfolk Pine, Bougainvillea, Bromeliad, Mango, Guava, Fig, Ponderosa lemon, Persian lime, 2 types of banana trees, calamondin-citrus, castor bean, coconut, ginger, desert rose, hibiscus, aloe vera, staghorn fern, multiple succulents, pineapple, queen of the night and more! This property is perfect for those looking to embrace a more self-sufficient lifestyle.
Enjoy the private, tucked-away feel, yet still just minutes from everything you need-grocery stores, shopping, and a variety of restaurants-making this an ideal location that offers both convenience and tranquility. If you've been searching for space, privacy, and flexibility without sacrificing location, this is the one. Although there are no HOA fees, there are restrictions in place from the developer to maintain the beauty of Pleasant Places. Just ask for a copy!
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017