1707 HORTON Drive
About This Property
Norwegian brick exterior for easy maintenance. Screened pool with seating area and additional open area for grilling. Florida Room (29' x12') across the back of the home overlooks the pool-- great for entertaining. New 5 ton Heat/AC in 2018, home re-plumbed and newer duct work. Open floor plan, family room with fireplace and bay window. The kitchen has large island and great storage, all appliances convey including newer washer and dryer. Separate dining area. Bonus room (21'x21') with separate Heat/AC can be used for multiple purposes. Large master bedroom and bath. Detached 2 car garage. Extra paved parking. Easy to show. Seller offering basic 2-10 home warranty.
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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%.
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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 |
|---|---|---|---|
| Jul 24, 2020 | Sold | ||
| Sold | |||
| May 27, 2020 | Listed by WATSON REALTY CORP | $267,500 | |
| Listed by WATSON REALTY CORP | |||
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About Bellair-Meadowbrook Terrace
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017