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130 CADDIS CROSSING
About This Property
This beautiful, single family home is located in the luxurious Porches of Allenberry community. Perfectly positioned on the grounds of the historic Allenberry Resort, enjoy a low-maintenance lifestyle with plenty of entertainment, outdoor recreation, and fine dining on site.
The Arbor is a craftsman style home that features 3 bedrooms, 2 full baths, and 1 half bath. The Owner's Suite is conveniently located on the first floor, along with laundry room, mud room, powder room, and pantry. The open concept kitchen blends seamlessly with the family room, creating a relaxing and inviting environment with a vaulted ceiling and fireplace. Two additional bedrooms and a full bath are located on the second floor along with a loft area and two storage closets.
This beautifully designed home boasts many wonderful details that accentuate the essence of Garman's trademark quality and craftsmanship. From tile backsplash and quartz countertops in the kitchen to engineered hardwood floors, it's easy to fall in love with the Arbor!
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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 |
---|---|---|---|
Mar 13, 2025 | Price Decreased |
$619,990
↓ $30K
(4.6%) | |
Price Decreased | |||
Feb 19, 2025 | Price Increased |
$649,990
↑ $30K
(4.8%) | |
Price Increased | |||
Feb 13, 2025 | Price Decreased |
$619,990
↓ $20K
(3.1%) | |
Price Decreased | |||
Feb 4, 2025 | Price Decreased |
$639,990
↓ $10K
(1.5%) | |
Price Decreased | |||
Dec 11, 2024 | Price Decreased |
$649,990
↓ $30K
(4.4%) | |
Price Decreased |