1385 SE 4TH Avenue
About This Property
**Seller is Offering One (1) Year Home Warranty!**
**This property LENDER APPRAISED at $136,000.00**
**Inspection Has Already Been Completed and is Available Upon Request!**
The Landscaping and Mother in Law Suite - If you love to entertain then this is the perfect home for you!! From the minute you drive down the long driveway, you are greeted by a beautiful stream in the back of the home. If you look to your right you will find that there is not one (1) but two (2) loading docs. The first one large and covered; the second is a little smaller and uncovered.
Con't in Sup Near the water there is a separate room detached from the main house and of which is perfect for a mother-in-law suite. The room is air conditioned and has the plenty of room for a bed, dresser and TV.
The Boat Docks - The covered loading area featuring the large doc leading to the water is large enough to fit several chairs so that you may relax with your friends and family and watch the water in peace. A shed is nearby in which you can store your extra goods. Beautiful lighting over the dock captures the nighttime beauty of both the water and the home. Fruit trees sweeten the air and are included in the back and front of the home; fresh mint is julep trees are planted and harvested in the back as well which add romance and further sweet scent to the home and enhance the ambiance.
The Outside Kitchen and Dining/Entertainment Area - Upon entering the home you, you will find a second outside kitchen equipped with an island and plenty of countertop space in which to prep and cook your meals. There also exists a refrigerator, oven and microwave of which also come along with the the property. Finally, there is a seperate dining room in the outside kitchen.
Inside of the Home: The inside of the home includes ANOTHER kitchen area, fully equipped, with an oven, microwave and refrigerator. Off to the side you will find office desk, another breakfast nook and full sized living room. The home also includes a large living room, bedroom and two smaller bedrooms for the children and/or guest.
The Front of the Home: The front of the home includes a covered workout/exercise room for those of you who enjoy working out outside but don't want to get wet on raining days. This is a quiet neighborhood and this property is a GEM! Come out and see!
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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 |
|---|---|---|---|
| Apr 16, 2019 | Sold | ||
| Sold | |||
| Jan 20, 2019 | Listed by WATSON REALTY CORP | $135,000 | |
| Listed by WATSON REALTY CORP | |||
| Sep 20, 2018 | Listed by WATSON REALTY CORP | $125,000 | |
| Listed by WATSON REALTY CORP | |||
| | |||
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PRICE REDUCTION!!! Motivated seller! Bring me an offer!
The Landscaping and Mother in Law Suite - If you love to entertain then this is the perfect home for you!! From the minute you drive down the long driveway, you are greeted by a beautiful stream in the back of the home. If you look to your right you will find that there is not one (1) but two (2) loading docs. The first one large and covered; the second is a little smaller and uncovered. Near the water there is a separate room detached from the main house and of which is perfect for a mother-in-law suite. The room is air conditioned and has the plenty of room for a bed, dresser and TV. Con't in the Supplement Remarks. The Boat Docks - The covered loading area featuring the large doc leading to the water is large enough to fit several chairs so that you may relax with your friends and family and watch the water in peace. A shed is nearby in which you can store your extra goods. Beautiful lighting over the dock captures the nighttime beauty of both the water and the home. Fruit trees sweeten the air and are included in the back and front of the home; fresh mint is julep trees are planted and harvested in the back as well which add romance and further sweet scent to the home and enhance the ambiance.
The Outside Kitchen and Dining/Entertainment Area - Upon entering the home you, you will find a second outside kitchen equipped with an island and plenty of countertop space in which to prep and cook your meals. There also exists a refrigerator, oven and microwave of which also come along with the the property. Finally, there is a seperate dining room in the outside kitchen.
Inside of the Home: The inside of the home includes ANOTHER kitchen area, fully equipped, with an oven, microwave and refrigerator. Off to the side you will find office desk, another breakfast nook and full sized living room. The home also includes a large living room, bedroom and two smaller bedrooms for the children and/or guest.
The Front of the Home: The front of the home includes a covered workout/exercise room for those of you who enjoy working out outside but don't want to get wet on raining days. This is a quiet neighborhood and this property is a GEM! Come out and see!
| |||
| Sep 14, 2018 | No longer available | - | |
| No longer available | |||
| Aug 14, 2018 | Listed by WATSON REALTY CORP | $135,000 | |
| Listed by WATSON REALTY CORP | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017