12722 Cloverwood Drive
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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 |
|---|---|---|---|
| Oct 21, 2024 | Sold | ||
| Sold | |||
| Sep 15, 2024 | In contract | - | |
| In contract | |||
| Aug 20, 2024 | Listed by Orchard Brokerage | $379,900 | |
| Listed by Orchard Brokerage | |||
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Welcome to this stunning home nestled in a vibrant community near parks, dining, and shopping! The perfect blend of modern luxury and timeless elegance; the fresh paint, new carpet, and new LVP flooring enhance the home's appeal, while crown molding throughout adds a touch of classic charm. The living room is a true showstopper with its stunning white brick fireplace, floor-to-ceiling windows, paneled walls and wet bar. The kitchen shines with new quartz countertops, a subway tile backsplash, stainless steel appliances, and freshly upgraded cabinets. Enjoy casual meals in the breakfast nook overlooking the pool, or host formal events in the sophisticated dining room. Upstairs, the primary bedroom serves as a luxurious retreat with an ensuite bath featuring new counters, dual sinks and a walk-in closet. There are also 3 additional spacious bedrooms. Retreat to the backyard oasis, fully fenced with a serene in-ground pool and a covered patio, perfect for entertaining or relaxing!
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Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017