1424 Sundance Drive
About This Property
This lovely remodeled 5 Bedroom 3 Bathroom home with a 3 car direct access garage has been newly painted inside and out. As you enter you are greeted by a well-designed open floor plan. The family room is light and bright with warm wood toned laminate floors and new carpet, complementing the newly painted walls. The kitchen is spacious, with an island sink, breakfast bar, walk in pantry, stainless steel appliances including a refrigerator. The Dining nook will comfortably accommodate a six seat dining table. Both rooms are accented by windows and a slider with views to a sunny backyard, a patio, shrubs, and a grassy area all enclosed with wood fencing and features an above ground pool. There is also a convenient main floor Bedroom, full Bathroom, and Bonus room. The laundry room includes white cabinets with a washer and dryer. A white spindle staircase is unobtrusively built to the side of the entry leading to a bright upper hallway which connects to the second floor additional Bedrooms and Bathrooms. The Master Bedroom is spacious with a walk in closet. The en suite bathroom has a soaking tub, separate shower, dual sinks and white cabinets. This home has everything and a peek a boo Mountain View. Live in the community of Sundance! with every amenity you would want for your family, schools, beautiful Parks, basketball courts, picnic tables, barbeque areas, tot lots, and much more. Low taxes and low HOA dues currently at $41.50 a month.
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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 |
|---|---|---|---|
| Aug 1, 2019 | Sold | ||
| Sold | |||
| Jun 16, 2019 | Listed by First Team Real Estate | $359,900 | |
| Listed by First Team Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017