1244 Panorama Drive
About This Property
Downstairs, you'll find two well-sized bedrooms and convenient washer/dryer hookups. The master suite is privately situated upstairs, offering a large walk-in closet and an ensuite bath with a garden tub, creating a peaceful retreat.
Outdoors, enjoy plenty of space with a fenced backyard, RV parking, or room for a boat, along with a two-car garage. The home's high ceilings and ample natural light make it feel airy and bright, complemented by recessed lighting and ceiling fans throughout. Relax in your large front yard, surrounded by a charming picket fence, and take in the picturesque mountain views. This home is walking distance to the high school and conveniently located closed to town and shopping.
Don't miss this perfect blend of country living and modern convenience
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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 |
|---|---|---|---|
| Jan 6, 2025 | Sold | ||
| Sold | |||
| Dec 12, 2024 | In contract | - | |
| In contract | |||
| Dec 4, 2024 | Relisted | $458,900 | |
| Relisted | |||
| Nov 28, 2024 | In contract | - | |
| In contract | |||
| Nov 18, 2024 | Price Decreased |
$458,900
↓ $100
(0%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017