1612 Warmlands Ave
About This Property
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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 20, 2017 | Sold | ||
| Sold | |||
| Sep 26, 2017 | Listed by Global Reach Realty | $680,000 | |
| Listed by Global Reach Realty | |||
| Apr 25, 2012 | Sold | ||
| Sold | |||
| Jul 27, 2011 | Listed by Coldwell Banker Realty | $475,000 | |
| Listed by Coldwell Banker Realty | |||
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Tropical paradise! Gated mini estate-like home. Entertainers dream, with completely fenced pool and spa, natural gas firepit, built-in gas BBQ in a resort setting. Beautiful stone patios, stamped concrete & paths meander through fruit trees, palm trees, rose garden & manicured lawns large enough to play soccer. Kitchen has granite counters & custom cabinets. Main living areas have tile floors, crown molding, poplar base & custom paint. Office off living room could become a 4th bedroom. [Supplement]: King & queen palms, canary palm & date palms valued at thousands of dollars each, giant bird of paradise, roses, 12fruit trees of every variety, all on drip system & automatic sprinklers (19 zones). 1" water line for great water pressure. Drains everywhere throughout yard, so no standing water. Front door entry system over $6,000. Fountain courtyard gate is an antique teak gate from India. BBQ has natural gas & cabinet has plumbing for sink. Family room on back of house was designed for 2nd story addition later on, with 2x12 beams in ceiling. This property is really something special! VA loan of $483,500 assumable by another veteran.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017