12599 81st TERRACE
About This Property
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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 |
|---|---|---|---|
| Jun 3, 2024 | Sold | ||
| Sold | |||
| May 3, 2024 | In contract | - | |
| In contract | |||
| Apr 17, 2024 | Price Decreased |
$425,000
↓ $20K
(4.5%) | |
| Price Decreased | |||
| Apr 4, 2024 | Price Decreased |
$445,000
↓ $20K
(4.3%) | |
| Price Decreased | |||
| Mar 27, 2024 | Listed by REALTY CONCEPTS OF PINELLAS | $465,000 | |
| Listed by REALTY CONCEPTS OF PINELLAS | |||
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PRICE HAS BEEN REDUCED AND SELLERS ARE READY!! NO FLOOD ZONE AND ONLY 1.6 MILES FROM THE BEACH!!! This 3 bedroom pool home is just perfect for the new home buyer, young family or for those ready to downsize to make life easier. Walk into a light and bright open floor plan offering a cozy, yet spacious living space. The kitchen features a design for convenience when creating your daily cuisines with a mounted pot filler above the stove, a touch-less faucet, generous counter space, plenty of cabinets and a large closet pantry. Stainless steel appliances, good quality shaker cabinets, and tastefully chosen granite countertops along with a breakfast bar/island makes for the ideal cooking and dining delight. There is Newer laminate flooring in 2 of the 3 nice sized bedrooms and the bathroom has been updated with vanity, granite countertop, faucet and lighting. Main Electrical Box (2021), Roof (2017), Pool has New skimmer, New light, New heater and recoated with Gelcoat (2022). Garage has an AC, cabinets, countertop and mounted fan. Get ready to enjoy those fun summer days and nights swimming in the pool and barbequing in the backyard patio area. The home is powered by NEST with programmable lights and locks. Measurements of rooms are approximate.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017