15825 TRAP DR
About This Property
The main level boasts a thoughtfully designed floor plan, featuring a spacious living area and a Large Eat-in kitchen, creating an ideal space for entertaining. Transition to the screened porch for a tranquil retreat, enveloped by the natural beauty of the surrounding wooded landscape.
Journey to the second floor to discover separate living quarters, providing versatility and privacy for guests, extended family, or a home office. Each of the four bedrooms is generously sized, offering ample space for relaxation.
Step outside to explore the expansive grounds, complete with a huge shed and a charming gazebo, providing endless possibilities for gatherings and activities. Notably, this property is complemented by its proximity to Trap Pond Park, offering additional recreational opportunities for nature enthusiasts.
To add to its appeal, this home comes with a low $250 HOA fee, making it an even more attractive and affordable choice. This property is a rare find, seamlessly blending modern comfort with natural beauty. Schedule your showing today to experience the allure of this unique home!
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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 2, 2024 | Sold | ||
| Sold | |||
| Jan 18, 2024 | In contract | - | |
| In contract | |||
| Dec 30, 2023 | Price Decreased |
$525,000
↓ $25K
(4.6%) | |
| Price Decreased | |||
| Dec 15, 2023 | Listed by Berkshire Hathaway HomeServices PenFed Realty - OP | $550,000 | |
| Listed by Berkshire Hathaway HomeServices PenFed Realty - OP | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017