12023 85th STREET
About This Property
welcoming entertaining space with attractive patterned tile in the living room to the left and prepare to feel "at home!" Past the kitchen on the right,
you'll find a versatile formal dining room or cozy living room space nestled up to an alluring wood-burning fireplace.
Exit the French doors from the light and bright Florida room into the rear and experience your gorgeous private pool area complete with a paved deck
and bird cage to make entertaining a breeze.
The split floor plan features an owner's suite with ample walk-in closet and tiled shower. Two other bedrooms on the opposite side of the home share
a newly updated full bathroom with tub. The attached two-car garage affords the convenience of bringing groceries directly into the kitchen. NEWER
roof (2023), windows (2023), A/C (2024), and many more upgrades! The attractively landscaped yard with white vinyl fence on a corner lot boasts
pride of ownership – and you'll be so proud to call this home yours!
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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 11, 2024 | Sold | ||
| Sold | |||
| Sep 3, 2024 | In contract | - | |
| In contract | |||
| Sep 2, 2024 | Relisted | $489,900 | |
| Relisted | |||
| Aug 27, 2024 | In contract | - | |
| In contract | |||
| Aug 23, 2024 | Listed by ENGEL & VOLKERS ST. PETE | $489,900 | |
| Listed by ENGEL & VOLKERS ST. PETE | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017