1316 Fuchsia DRIVE
About This Property
As you enter, you'll be greeted by the warmth of new paint adorning both the interior and exterior walls, setting a vibrant tone throughout. The heart of the home boasts brand new kitchen cabinets and appliances, creating a culinary space that's as functional as it is beautiful.
Picture yourself whipping up delicious meals on your sleek new countertops, enjoying the convenience of modern living.
Throughout the home, new flooring adds a touch of elegance and durability, enhancing each room with its contemporary flair. The thoughtful split floor plan ensures privacy and convenience, ideal for families or guests.
But wait, there's more! A delightful surprise awaits in the form of a small bonus room, perfect for transforming into a cozy office nook where productivity meets inspiration, or a playroom where imaginations can soar.
For those who cherish outdoor living, an enclosed porch overlooking the fenced-in yard, complete with a handy shed for all your storage needs.
This isn't your typical cookie-cutter house; it's a home bursting with personality and style, waiting for you to make it your own. With its unique charm and thoughtful upgrades, this residence is more than just a place to live-it's a place to thrive.
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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 18, 2024 | In contract | - | |
| In contract | |||
| Oct 18, 2024 | Sold | ||
| Sold | |||
| Sep 13, 2024 | Price Decreased |
$299,900
↓ $20K
(6.3%) | |
| Price Decreased | |||
| Aug 10, 2024 | Price Decreased |
$319,900
↓ $15K
(4.5%) | |
| Price Decreased | |||
| Jun 25, 2024 | Listed by COMPASS FLORIDA LLC | $334,900 | |
| Listed by COMPASS FLORIDA LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017