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15320 N 87th Road N
About This Property
The chef's kitchen is a highlight, boasting 42 shaker style wood cabinets, quartz countertops, and a full stainless steel appliance package. French doors off the rear of the home lead to a large covered and screened-in patio with serene views and privacy, providing a living experience unlike any other. The flexible split floor plan emphasizes comfortable living, catering to various circumstances. The great room serves as the focal point, featuring a stack stone fireplace and providing an excellent space for entertaining. Lavish spaces abound, with natural light flooding through generous windows that accentuate the high-end finishes and meticulous details of the remodel. The property has undergone a complete transformation from top to bottom, including a new roof, AC, hot water heater, and water system. Essentially, this property is a brand new home, offering a unique and luxurious living experience for its fortunate occupants.
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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%.
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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 |
|---|---|---|---|
| Mar 22, 2024 | Sold | ||
| Sold | |||
| Feb 13, 2024 | Listed by Keller Williams Realty - Wellington | $850,000 | |
| Listed by Keller Williams Realty - Wellington | |||
| Jan 31, 2024 | No longer available | - | |
| No longer available | |||
| Oct 18, 2023 | Price Decreased |
$900,000
↓ $25K
(2.7%) | |
| Price Decreased | |||
| Sep 15, 2023 | Listed | $925,000 | |
| Listed | |||
| | |||
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Discover unparalleled elegance in this exquisitely remodeled 2.58-acre property, nestled in the heart of an amazing neighborhood. Seamlessly blending classic charm and contemporary sophistication, this home comes completely reimagined with the modern dweller's needs at heart. It promises expansive, serene views and privacy, providing a living experience unlike any others. The home emphasizes comfortable living, with a flexible floor plan perfect for any circumstance. Indulge in the large, lavish spaces, where natural light floods through generous windows, accentuating the high-end finishes and meticulous detail of the remodel. This property has been completely remodeled from top to bottom. Attention: Seller is giving $10,000 towards to assist in buyers closing cost. Ask for more details.
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About The Acreage
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017