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1612 Old Course Drive
About This Property
Extensive updates enhance the home's comfort and efficiency, including tankless water heaters, foam insulation sprayed in the attic, and new lighting and plush carpet throughout the second floor. Expansive new windows offer picturesque views of the newly installed Riverbend pool, which comes complete with a heater chiller for year-round enjoyment. The primary suite offers a luxurious retreat; the bath has been completely renovated to include a double-headed shower and a stylish jetted free-standing tub, complemented by spacious custom closets.
The functional floor plan includes five bedrooms and a private study. The versatile fifth bedroom is perfectly suited to serve as a second primary suite upstairs or a spacious game room. Every mechanical aspect of this property has been meticulously addressed, featuring two of three new HVAC units from 2021, a newer 2020 tankless water heater, a 2021 roof, and full window replacement. For peace of mind, the home is equipped with a whole-home Generac generator, which includes the pool equiptment. Please note that buyers are responsible for purchasing a new survey.
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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 |
|---|---|---|---|
| Jun 10, 2026 | Sold | ||
| Sold | |||
| May 15, 2026 | In contract | - | |
| In contract | |||
| Apr 3, 2026 | Listed by Ebby Halliday Realtors | $1,090,000 | |
| Listed by Ebby Halliday Realtors | |||
| Jun 30, 2020 | Sold | ||
| Sold | |||
| May 22, 2020 | Listed by Keller Williams Realty DPR | $545,000 | |
| Listed by Keller Williams Realty DPR | |||
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Tremendous value in Fairways of Gleneagles! You'll love this corner lot on quiet Cul De Sac conveniently located to shopping, dining, and so much more. This home will allow for you to spread out in the 5 bedrooms or has the flexibility to have the 5th bedroom be a media or game room. Two living areas downstairs allows you to entertain large gatherings. The covered patio overlooks a peaceful backyard. Don't miss your chance to see this home and neighborhood.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017