1475 Hohe LANE
About This Property
There is wood laminate flooring in the Living/Dining area and decorative molding accenting the dining walls. The split bedroom floorplan features the large Master Bedroom suite on one side of the home with newer carpet and sliding doors leading to the Pool. The Master Bath has two vanities and a makeup vanity as well. There is a garden tub, Walk in Shower with brand new shower doors, Linen closet and a water closet. There are two closets in the master bedroom with one being a large walk in closet with custom shelving. The two guest bedrooms are ample in size with newer carpet in one and laminate wood flooring in the other. The inside Laundry Room is very large with cabinets, a built in laundry sink and a storage closet. The oversized side entry garage has a workshop area and newer garage door and opener. The pool has a water fall feature and a sun shelf. There is a new water softener, a deep well with irrigation sprinklers, lush landscaping, termite bond and the home is situated on a lot that is over ½ acre with no rear neighbors and lots of privacy when enjoying the Screened in Pool. The lot extends well beyond the cleared portion of the yard. This home is on a cul-de-sac in an extremely desirable neighborhood making it the perfect home!!
All of this close to a grocery store, bank, restaurants and easy access to I-95. This is a must see move in ready home!!
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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 |
|---|---|---|---|
| Jan 18, 2024 | Sold | ||
| Sold | |||
| Jan 15, 2024 | In contract | - | |
| In contract | |||
| Nov 12, 2023 | Relisted | $579,900 | |
| Relisted | |||
| Nov 6, 2023 | In contract | - | |
| In contract | |||
| Oct 17, 2023 | Listed by RE/MAX SIGNATURE | $579,900 | |
| Listed by RE/MAX SIGNATURE | |||
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About Halifax
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017