1601 Leisure DRIVE
About This Property
QUARTZ COUNTERTOPS AND STAINLESS STEEL APPLIANCES. THE BEAUTIFUL CALI VINYL FLOORING RUNS THROUGHOUT THE HOME, IT'S WATERPROOF WITH A CORK BACKING AND VAPOR BARRIER. ENJOY THE OPEN-CONCEPT LIVING AS YOU STROLL THRU THE LIVING ROOM, DINING ROOM AND INTO THIS SPECIAL REMODELED KITCHEN. THE FLORIDA ROOM PROVIDES EXTRA LIVING SPACE, ALONG WITH ADDITIONAL STORAGE CLOSETS AND BUILT-IN SHELVING. MASTER BEDROOM IS SPACIOUS WITH A WALK-IN CLOSET, A REMODELED BATHROOM WITH A WALK-IN SHOWER. ENJOY THE 4 PERSON HOT TUB, THE SCREENED-IN LANAI, A PATIO
AND A FENCED IN YARD WITH A STORAGE SHED. NEW A/C 2019. TILE ROOF 2002, FLAT ROOF 2013, IN 2015 ADDITIONAL 6" OF INSULATION WAS BLOWN INTO THE ATTIC, ELECTRICAL PANEL WAS UPDATED IN 2016. IRRIGATION SYSTEM WAS UPDATED IN 2017 AND A NEW WATER SOFTENER AND HURRICANE-RATED GARAGE DOOR WAS INSTALLED IN 2018.
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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 |
|---|---|---|---|
| Oct 4, 2023 | Sold | ||
| Sold | |||
| Aug 29, 2023 | In contract | - | |
| In contract | |||
| Aug 27, 2023 | Price Decreased |
$423,499
↓ $1K
(0.2%) | |
| Price Decreased | |||
| Aug 24, 2023 | Relisted | $424,499 | |
| Relisted | |||
| Aug 17, 2023 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017