1275 Addison Way
About This Property
MOVE-IN-READY! The finished front yard features river rock hardscape, lush turf, and palm trees. A wonderful curb appeal, enhanced by automatic landscape lighting. Your guests can walk up the lit paver stairs to the entrance. You will enjoy the convenience of the spacious paver side driveway. The custom iron gate makes it ideal for RVs, boats, or additional vehicles. The smart water sprinkler timer and exterior lighting for the garage doors ensure easy maintenance and security. Entertain or relax under the finished patio cover with upgraded LED lighting, overlooking a serene area with maintenance-free turf and pavers. The upgraded storage unit with French glass doors adds both style and functionality. Stamped concrete around the perimeter of the home enhances its visual appeal and durability. This home features a solar panel system on the south side of the roof, promoting energy efficiency, and an upgraded split-face block wall for added privacy. The garage has recessed lighting with upgraded door openers. For peace of mind, a camera system with views of the front yard and street has been installed. Inside you will find new upgraded flooring and carpet with nine (9') foot ceilings on both floors. This gorgeous cook's friendly kitchen has all new cabinets, countertops, under-cabinet lighting, an accented custom island, and a farmhouse sink. A custom glass doored pantry offers ample storage. The upgraded bathrooms feature new vanities and countertops. Ceiling fans are in all upstairs rooms. A smart A/C thermostat ensures your year-round comfort. Imagine owning a TURNKEY, upgraded home that will fulfill your
dream lifestyle today! Must see!
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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 |
|---|---|---|---|
| Dec 30, 2024 | Sold | ||
| Sold | |||
| Nov 28, 2024 | In contract | - | |
| In contract | |||
| Oct 18, 2024 | Price Decreased |
$639,000
↓ $10K
(1.5%) | |
| Price Decreased | |||
| Oct 7, 2024 | Relisted | $649,000 | |
| Relisted | |||
| Oct 6, 2024 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017