144 Phillips Drive
About This Property
Want a BIG YARD and a BIG POOL just in time for summer? This updated 3 bedroom charming brick ranch is just what you are looking for! A welcoming home situated on a corner lot, central to all the shopping, restaurants, military bases and close to the highway for an easy commute to the beach! This home is neutrally painted with crown molding throughout, real hardwood floors, custom kitchen with granite counters, newer stainless steel appliances to include a 5 burner gas stove with split oven! The kitchen overlooks the large living and dining room with french door and stairs leading down to the pool. The master bathroom has been remodelled with a tile walk-in shower, can lighting, dual vanity and newer toilet. There is a wonderful office towards the front of the home which also could be 4th bedroom as it has a closet and easy access to the hall bathroom. The backyard is massive with newer white 6 foot vinyl privacy fence surrounded by a blueberry and orange trees as well as jasmine & rosemary bushes. There is a large chlorine vinyl pool with ample space to sunbath. Just off the kitchen is a large covered patio with ceiling fans to enjoy the shade and perhaps a picnic! The home gets wonderful natural lighting throughout, and has newer windows, 2005 metal roof, 2010 air compresser, hookup for a generator, a newer water heater, and even a RV hookup plug on left side of the home behind a double gate. The sellers have installed a Ring doorbell, Nest thermostat and security system by Nest all will convey.
Payment Calculator
Your Estimated Monthly Payment
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 28, 2022 | Sold | ||
| Sold | |||
| Feb 25, 2022 | Listed by Berkshire Hathaway HomeServices PenFed Realty | $319,500 | |
| Listed by Berkshire Hathaway HomeServices PenFed Realty | |||
| Aug 4, 2016 | Sold | ||
| Sold | |||
| May 17, 2016 | Listed by Berkshire Hathaway HomeServices PenFed Realty | $189,900 | |
| Listed by Berkshire Hathaway HomeServices PenFed Realty | |||
| Mar 4, 2010 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017