1249 Olson Drive #168
About This Property
The main floor boasts a light-filled living room with an abundance of windows, a newly remodeled fireplace, and a charming balcony. The open dining area flows seamlessly into the modern kitchen, complete with granite countertops and stainless-steel appliances, including a newer refrigerator that is included with the home.
Upstairs, the large main bedroom features higher ceilings, a freshly remodeled en-suite bath with double sinks, and a spacious walk-in closet. Two additional generously sized bedrooms enjoy plenty of natural light, and all bedrooms are designed with the home's bright, airy ambiance in mind. The entire home has been updated with new bleached wood-look flooring, enhancing its modern aesthetic.
Convenience is key, with a newer stackable washer and dryer also included, located upstairs for easy access.
The HOA covers exterior maintenance, including painting, roofing, and landscaping, as well as amenities like the pool, spa, clubhouse, tennis courts, and parks with playground and internet access. . This prime location is within walking distance to top-rated schools, including Robert C. Fisler (K-8), Sunny Hills High School, and a private Montessori school. Enjoy the convenience of nearby shopping, dining, and entertainment at the Town Center, plus easy access to I-5 and 91 freeways.
This home truly offers the perfect blend of modern living, comfort, and location-don't miss out on this incredible 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 |
|---|---|---|---|
| Dec 10, 2024 | Sold | ||
| Sold | |||
| Nov 22, 2024 | In contract | - | |
| In contract | |||
| Nov 13, 2024 | Listed by Redfin | $998,000 | |
| Listed by Redfin | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/13/2024
|
3 Bed
|
3 Bath
|
1778 ft²
|
$998,000
3 Bed
3 Bath
1778 ft²
|
$1,000,000
+0.20%
12/10/2024
|
Dana Canfield
Redfin
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017