14215 PUNCH ST
About This Property
The lower level is a true gem, with a fully finished basement that's perfect for recreation and relaxation. It features a spacious recreation room and a well-appointed wet bar for hosting game nights or social gatherings. A kitchenette enhances the convenience, making it an excellent space for a guest suite or in-law quarters. Three more bedrooms provide plenty of room for family or guests, and a bonus room adds versatility to the space. With two separate entrances, this level offers great potential for rental income or a private retreat. This exceptional home is perfectly located off Layhill Road, offering easy access to shopping, dining, and entertainment options. You'll have the best of both worlds – a tranquil oasis and urban convenience. Don't miss the opportunity to make this grand and spacious home your own. Contact us today to schedule a private viewing and experience the luxury and lifestyle it has to offer.
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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 |
|---|---|---|---|
| May 31, 2024 | Sold | ||
| Sold | |||
| May 11, 2024 | In contract | - | |
| In contract | |||
| May 7, 2024 | Price Decreased |
$1,050,000
↓ $150K
(12.5%) | |
| Price Decreased | |||
| Apr 18, 2024 | Listed by RE/MAX Town Center | $1,200,000 | |
| Listed by RE/MAX Town Center | |||
| Apr 10, 2021 | No longer available | - | |
| No longer available | |||
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About Aspen Hill
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017