13209 Villa Park DR
About This Property
The kitchen is spacious, featuring a center island that provides ample workspace and storage. With its open design and plenty of counter space, it's perfect for both everyday meals and hosting gatherings. Adjacent to the kitchen is a bright breakfast area, flooded with natural light from large windows, making it the ideal spot to start your day.
A separate study on the main level can also function as a 4th bedroom, adding flexibility for your living needs. The mother-in-law floor plan ensures privacy, with the primary bedroom located separately from the secondary bedrooms.
One of the unique features of this home is the upstairs apartment, which includes 1 bedroom, 1 bathroom, and a small living room, providing an additional 364 square feet of living space. While there is no separate entrance, access to the upstairs is conveniently located within the main residence. This apartment offers potential for extended family accommodations, a private guest suite, or even a rental space.
Outdoor living is a breeze with both a large covered front porch and an equally spacious back porch-perfect for entertaining or relaxing under the shade of the property's mature oak trees. The expansive lot provides plenty of outdoor space for gardening or recreation, while the 2-car side-entry garage and extended driveway offer ample parking for guests.
As an estate sale being sold as-is, this home presents an exciting opportunity!
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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 1, 2024 | Price Decreased |
$499,000
↓ $26K
(5%) | |
| Price Decreased | |||
| Oct 1, 2024 | In contract | - | |
| In contract | |||
| Sep 13, 2024 | Listed by Douglas Elliman Real Estate | $525,000 | |
| Listed by Douglas Elliman Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017