1716 ESQUIRE LANE
About This Property
$105,000 PRICE ADJUSTMENT!
Rarely available single family home in Divine Landing! Divine Landing is a 14 home neighborhood on a no-thru street leading into a cul-de-sac. This residence offers 9 foot ceilings, all brick construction and the only 3 CAR GARAGE in Divine Landing! The 3 car garage also has the convenience of a circular driveway for up to 11 cars and sits privately at the end of the street in the cul-de-sac. Walk-out basement leads to your expansive private serene paver patio beneath the trees and offers a path that takes you around the back of the home. Owners just installed a BRAND NEW ROOF August 2024. Home offers refinished hardwood flooring September 2024 at the main level as well as hardwood's on the upper level. A brand NEW washing machine and wine fridge were also just installed. Upper zone HVAC replaced in 2020. Elegant 2 level foyer is perfect for greeting guests and brings you into the soaring 2 story GREAT room with overly abundant natural light. Picturesque exterior views from the great room lead you to the main level back door and stairs out to the composite deck down to the backyard patio. Off the great room find your over-sized office with built-in cabinets and shelving. Relax while working from your office with your beautiful tranquil treed view that overlooks your expansive .41 acre yard in back. Skip the stairs and retire to the main level on-suite bedroom or offer it to your in-laws or au pair. This wing of the residence also lends the convenience of a separate entrance. Expansive lower level rec room for entertaining and movie nights along with built-in desk space and cabinets perfect for work/office and or arts and craft areas.
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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 |
|---|---|---|---|
| Dec 27, 2024 | Sold | ||
| Sold | |||
| Nov 21, 2024 | In contract | - | |
| In contract | |||
| Oct 25, 2024 | Listed by EXP Realty, LLC | $2,195,000 | |
| Listed by EXP Realty, LLC | |||
| Oct 6, 2018 | No longer available | - | |
| No longer available | |||
| Aug 26, 2018 | No longer available | - | |
| No longer available | |||
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About McLean
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017