12534 NANTAHALA RUN
About This Property
Upgraded screened lanai to enjoy the views of the pond. Well appointed kitchen with granite counters a pantry closet and stainless steel appliances seamlessly connecting to living and dining areas, leads to a screened, covered lanai. Perfect for multi generational living the first floor has a guest room, full bath and office/den. Upstairs boasts a large master bedroom with a private bathroom. Master Bath includes a 2nd walk-in closet, dual sinks, water closet, a soaking tub and separate shower. Two additional bedrooms, another full bath, and a laundry room surround a versatile bonus room, ideal for work or play. The yard is enclosed with a privacy fence on the sides and a wrought iron fence so you can see the birds and wildlife play on the pond. Sunset views are nightly entertainment.
Community offers a resort style pool, exercise facility, playground, dog park, and a community center for your use and enjoyment. Nestled by the lake with serene views, sidewalks enhance the charm of this better-than-new residence. In addition to the fencing and screening the lanai, owners have installed a security system with cameras, motion lighting in the pantry, garage & laundry room. Laundry room has been upgraded with a sink and shaker cabinets. Lots of room to store your treasures on the racks in the garage. House needs some love. THIS IS NOW A SHORT SALE AND SUBJECT TO LENDER'S APPROVAL.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 30, 2025 | Sold | ||
| Sold | |||
| Sep 1, 2025 | In contract | - | |
| In contract | |||
| Aug 24, 2025 | Price Decreased |
$375,000
↓ $15K
(3.9%) | |
| Price Decreased | |||
| Aug 23, 2025 | Relisted | $390,000 | |
| Relisted | |||
| Jul 1, 2025 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017