13556 SUTTER Drive
About This Property
3 Bedroom, 1.75 Bath, 1,471 Square feet per seller. Lot Square footage 7,800
Original House Square Footage 1,171 with additional 300 sq.ft. to increase the back two bedrooms and enclose a sunroom next to the living room. Added Square footage is not permitted.
Central Air, Tankless Water heater, Double pane windows
Spacious Kitchen features: Corian style counters, two stainless steel sinks located in separate work areas, oak cabinets with two space-saving round-about storage areas, pull out drawers, pantry, microwave shelf, Stainless-steel hood above gas range/oven. Dining area has a wall of storage with drawers and cabinets.
First bath room was a walk-in shower with subway tile shower and floor tiles, modern hexagon shower floor tile, water saving toilet and updated vanity cabinet and counter.
Second bathroom features: spa soaking tub, tile surround, flooring and vanity counter.
The back corner bedroom has a room has been expanded and has an additional area that is ready to make into a private bath. The plumbing and drain lines are under the laminate floor. Currently it is used for storage.
Middle back bedroom is expanded to make one large room.
Two car attached garage with direct access with state driveway
New Pool/Spa Heater installed 08/2020
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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%.
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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 30, 2020 | Sold | ||
| Sold | |||
| Jul 2, 2020 | Listed by Seven Gables Real Estate | $729,000 | |
| Listed by Seven Gables Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017