14459 County Road 489
About This Property
Front entry opens to stunning living room featuring a floor to ceiling stone wood burning fireplace. Open concept Chef's kitchen including stainless steel appliances, Corian countertops as well as breakfast bar plus a light and bright dining area large enough for an oversized farm table and 12 chairs. Private Owner's Retreat will accommodate a king sized bed and seating area with ensuite spa like master bath featuring spacious frameless shower and sauna. Secondary bedrooms are split. Majestic trees provide privacy with 4 covered parking spaces (garage-shop) located near great schools, shopping & freeways for easy commutes. Don't miss the oversized veranda style porch overlooking 2 plus acres with towering trees just moments from beautiful Lake Lavon. Bring your boat and lake toys & enjoy lakeside and country living at its best!
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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 |
|---|---|---|---|
| Sep 1, 2023 | Sold | ||
| Sold | |||
| Apr 25, 2023 | Listed by eXp Realty LLC | $520,000 | |
| Listed by eXp Realty LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017