1261 PEKIN RD
About This Property
A true nature lovers' dream, this beautiful homesite is over 1.5 acres with public water and sewer! Privacy, luxury, and even some water frontage await you! The rear of the lot is surrounded by protected forest conservation. The side of the lot has over 100 feet of water frontage on Rock Creek. The water depth here is shallow, approximately 2 feet, perfect for launching your canoe, paddleboard, or kayak. You will love the sophistication and charm this beautiful home offers-a stunning exterior with 25-year shingles, stone accenting, and a spacious two-car garage. The interior welcomes you with walls of oversized windows and 9' ceilings. Rich luxury plank flooring, oak stairs, and crown molding will spoil you! The gourmet kitchen has 42" maple cabinets, a 7' island, a nice-sized pantry, and stainless appliances. The family room has a beautiful gas fireplace, mantle, and dramatic coffered ceiling. The dining room has a full-sized slider door giving you four seasons of peaceful views. The 2nd floor is fabulous! The primary suite is suitable for your king-sized bed and furniture! Plenty of room and a walk-in closet that is 13 feet long! Spa-inspired primary bath has a shower with tiled walls, a soaker tub, separate vanities, and a linen closet. All four bedrooms are very generous, with great closet spaces. The upper hall bath has a double vanity, separate shower, soaker tub, and a linen closet. The laundry room is conveniently located on the 2nd floor – no more running to the basement to wash clothes. The unfinished basement is ready to accommodate your personal finishing touches. Walk-out stairs and 3-piece rough-in make it easy to lay out your preferred design!
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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 |
|---|---|---|---|
| May 19, 2023 | Sold | ||
| Sold | |||
| Apr 4, 2023 | Price Increased |
$735,000
↑ $10K
(1.4%) | |
| Price Increased | |||
| Apr 4, 2023 | In contract | - | |
| In contract | |||
| Mar 28, 2023 | Price Decreased |
$725,000
↓ $10K
(1.4%) | |
| Price Decreased | |||
| Mar 18, 2023 | Listed by Coldwell Banker Realty | $735,000 | |
| Listed by Coldwell Banker Realty | |||
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About Green Haven
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017