12414 SAINT PAUL RD
About This Property
Rare opportunity to acquire this stunning brick home along with a separate mobile home that generates rental income, all situated on over 1 acre of land.
Nestled in a tranquil rural setting yet conveniently close to the city and major highways.
The main floor welcomes you with an open-concept layout with gorgeous hardwood floors, The kitchen is adorned with stunning quartz countertops and brand-new stainless-steel appliances featuring two bedrooms and a fully renovated bathroom. Enjoy the comfort of a new central AC unit and the versatility of a fully finished basement, complete with two rooms, a full bathroom, a laundry area, and additional recreational space. Outside, the property spans over 1 acre across three lots, with greenery, a spacious garage, and a driveway providing ample parking.
Adding to the appeal, one of the lots includes a mobile home currently rented out, offering additional income and privacy with its separate fenced area. Don't miss out on this extraordinary opportunity!"
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Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 17, 2024 | Sold | ||
| Sold | |||
| Jul 26, 2024 | In contract | - | |
| In contract | |||
| May 17, 2024 | Price Decreased |
$369,000
↓ $10K
(2.6%) | |
| Price Decreased | |||
| Mar 18, 2024 | Price Increased |
$379,000
↑ $29K
(8.3%) | |
| Price Increased | |||
| Feb 16, 2024 | Listed by EXP Realty, LLC | $350,000 | |
| Listed by EXP Realty, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017