131 CODY DRIVE
About This Property
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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 |
|---|---|---|---|
| Sep 18, 2024 | Sold | ||
| Sold | |||
| Aug 9, 2024 | In contract | - | |
| In contract | |||
| Jul 31, 2024 | Price Decreased |
$499,999
↓ $39K
(7.2%) | |
| Price Decreased | |||
| Jul 16, 2024 | Price Decreased |
$539,000
↓ $10K
(1.8%) | |
| Price Decreased | |||
| Jul 3, 2024 | Listed by Burch Real Estate Group, LLC | $549,000 | |
| Listed by Burch Real Estate Group, LLC | |||
| | |||
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DRASTIC PRICE REDUCTION!! LOWERED $50k!! MOTIVATED SELLER!! PRICED TO SELL!
**Home Inspection Attached**
* **Spacious living**: With almost 3000 square feet of living space, this home has plenty of room for a family to spread out and relax.
* **Low maintenance**: With no HOA fees, you'll have more freedom to make changes and decisions without restrictions.
* **New roof and recent updates**: The BRAND NEW ROOF and freshly painted deck mean you won't have to worry about any major repairs or replacements anytime soon. New flooring on the lower level, new stove in 2022. The new water heater in 2023 is also a big plus!
* **Beautiful curb appeal**: The freshly painted shutters and exterior doors give the home a fresh and updated look, and the professional sidewalk and hardscapes add to its curb appeal.
* **Private retreat**: The 5 acres of unrestricted land and mature tree line provide a peaceful and private setting, perfect for those who love nature. The creek and trail on the property offer even more opportunities for outdoor adventure.
* **Functionality**: With 4 bedrooms and 3 full bathrooms, this home has plenty of space for everyone to have their own sanctuary. The open floor plan makes it easy to entertain guests, and the abundance of kitchen cabinets means you'll have plenty of storage for all your cooking essentials.
* **Convenience**: Despite being located in a peaceful country setting, this home is just minutes away from shopping centers and major highways, making it easy to get where you need to go.
Overall, this home is a great combination of comfort, convenience, and natural beauty. It's perfect for anyone looking for a peaceful retreat with plenty of space to relax and enjoy the great outdoors!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017