12721 NELSON DR
About This Property
Welcome to your dream home in the sought-after Hagers Crossing neighborhood! Situated in a amenity-rich community, this immaculate home is barely three years old. The spacious layout and basement offer the ability to accomodate multigenerational living or additional rental income, while recent updates add to the comfort and value in the home. Entering the front door, you encounter an open floor plan with upgraded flooring and high ceilings. The functional yet elevated kitchen is well-equipped, and is openly connected to the living room and dining room. A main floor office is located conveniently off the kitchen and dining space. Transition effortlessly from indoor to outdoor living on the new Trek deck, ready for outdoor dining and relaxing evenings. The upper floor hosts a practical loft which can be used as an additional family room, perfect for cozy family movie nights! The primary bedroom includes a walk-in closet and en-suite bathroom, while the other 2 spacious rooms share a full bathroom. A dedicated and updated laundry room round out the top floor. The basement provides additional functional space, featuring two carpeted bedrooms, a full bathroom, and a newkitchenette. A cozy seating area sets the scene for a reading nook, while a setup for a movie room awaits your personal touch and creative ideas! The neighborhood offers a variety of amenities, including a clubhouse, refreshing pool, basketball and tennis courts, soccer fields, playgrounds, and jogging paths, providing endless opportunities for recreation and relaxation. Don't miss the opportunity to make this remarkable property your own – an elegant combination of modern luxury, practicality, and community living.
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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 |
|---|---|---|---|
| Jun 28, 2024 | Sold | ||
| Sold | |||
| Jun 5, 2024 | In contract | - | |
| In contract | |||
| May 30, 2024 | Relisted | $515,000 | |
| Relisted | |||
| May 7, 2024 | In contract | - | |
| In contract | |||
| Apr 26, 2024 | Price Decreased |
$515,000
↓ $10K
(1.9%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017