$570,000
●
House -
Off Market
16 Giles Place
Monroe, NY 10950
3 Beds
2 Baths
2,222 Ft²
$3,475
Est. Monthly
About This Property
Finally, a beautiful contemporary with a unique flaire in a lake
community within walking distance to a private beach. The
owners have made major improvements and updates during the past 20
years. The Shrock maple cabinets, granite counter tops, Wolf six
burner (all gas) range, Sharp drawer mircowave, Bosch dishwasher,
and Insinkerator instant hot water faucet just for a start. To make
the home more energy efficient foam insulation was installed in the
crawl space. All the windows were were replaced with the
Pella Pro Line series, along with two Velux skylights The roof was
replaced and a 30 year Timberline roof was installed at the
same time. There is an Electrolux front loading washer and dryer
that was installed in 2021. A Bosch tankless on demand hot water
boiler was installed along with a Trane air conditioner and new
ductwork. The Peerless Boiler was also replaced This lovely
home sits on .50 Acre with a detached garage. The location is just
a few minutes to the village Additional Information:
ParkingFeatures:1 Car Detached,
Unit Size
2,222 Ft²
Days on Market
65 days
Land Size
0.55 acres
Price per sqft
$250
Property Type
House
Property Taxes
$750
HOA Dues
-
Year Built
1986
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 5 months ago (OneKey MLS #KEYH6320469)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 15, 2024 | Sold | ||
| Sold | |||
| Aug 22, 2024 | In contract | - | |
| In contract | |||
| Aug 11, 2024 | Listed by Howard Hanna Rand Realty | $555,000 | |
| Listed by Howard Hanna Rand Realty | |||
| | |||
|
Finally, a beautiful contemporary with a unique flaire in a lake community within walking distance to a private beach. The owners have made major improvements and updates during the past 20 years. The Shrock maple cabinets, granite counter tops, Wolf six burner (all gas) range, Sharp drawer mircowave, Bosch dishwasher, and Insinkerator instant hot water faucet just for a start. To make the home more energy efficient foam insulation was installed in the crawl space. All the windows were were replaced with the Pella Pro Line series, along with two Velux skylights The roof was replaced and a 30 year Timberline roof was installed at the same time. There is an Electrolux front loading washer and dryer that was installed in 2021. A Bosch tankless on demand hot water boiler was installed along with a Trane air conditioner and new ductwork. The Peerless Boiler was also replaced This lovely home sits on .50 Acre with a detached garage. The location is just a few minutes to the village
| |||
| Jan 23, 2004 | Sold | ||
| Sold | |||
| May 5, 1998 | Sold | ||
| Sold | |||
Property Highlights
Garage
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Orange
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Last Updated: 5 months ago
Data Source: OneKey MLS
Data Source: OneKey MLS
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Address: 335 Madison Avenue, New York, NY 10017