1740 FERNCREEK Drive
About This Property
Enjoy privacy and tranquility with a well-designed split bedroom floor plan, providing a serene retreat for everyone in the household.The master suite is a true sanctuary, featuring a bay window with picturesque preserve views and a high vaulted ceiling, adding to the room's charm and spaciousness. Relax and unwind on the screened patio, where you can enjoy serene views of the surrounding preserve, making it the perfect spot for morning coffee or evening relaxation.
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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 |
|---|---|---|---|
| Sep 25, 2024 | Sold | ||
| Sold | |||
| Aug 21, 2024 | In contract | - | |
| In contract | |||
| Aug 2, 2024 | Price Decreased |
$359,000
↓ $6K
(1.6%) | |
| Price Decreased | |||
| Jul 22, 2024 | Price Decreased |
$364,900
↓ $10K
(2.7%) | |
| Price Decreased | |||
| Jun 26, 2024 | Listed by WATSON REALTY CORP | $374,900 | |
| Listed by WATSON REALTY CORP | |||
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About St. Johns
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017