$580,000
●
House -
Off Market
18 Johnson Place
Baldwin, NY 11510
2 Beds
1 Bath
1,037 Ft²
$3,888
Est. Monthly
About This Property
This Mid-Century modern home has a beautiful wrap-around deck.
Vaulted/high natural wood ceiling. Skylights in the hall, living
room, and in the bathroom. Wooden stairs lead up to a spacious loft
that could be used as a second bedroom, home office, or artist
studio. Open floor plan. Granite countertops with stainless
steel appliances. Original wooden floors adorn the entire
first floor. The back door opens to a large deck. Right off
the deck is a 14ftx20ft light-filled detached shed with finished
flooring that can be used for storage/hobby room. Beyond the deck
is a long raised concrete patio, included is a luxurious Bullfrog
Spas Series A7 jacuzzi (holds up to 8) Low taxes, star exemption
est. $2500 if qualify. The driveway is est. 12ftx65ft and can hold
3-4 cars. A 15-minute drive to Jones Beach. 19 mins to Long Beach,
0.9 miles to Milburn Creek Park (4mins drive, 10mins walk), 1 mile
to Milburn Pond Park (5mins drive, 14min walk) 1hr drive to Fire
Island. 5mins to Baldwin Harbor.
Unit Size
1,037 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$578
Property Type
House
Property Taxes
$946
HOA Dues
-
Year Built
-
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 4 months ago (OneKey MLS #KEYH6298335)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 28, 2024 | Sold | ||
| Sold | |||
| May 11, 2024 | In contract | - | |
| In contract | |||
| Apr 23, 2024 | In contract | - | |
| In contract | |||
| Apr 3, 2024 | Listed by HomeSmart Homes & Estates | $599,000 | |
| Listed by HomeSmart Homes & Estates | |||
| | |||
|
This Mid-Century modern home has a beautiful wrap-around deck. Vaulted/high natural wood ceiling. Skylights in the hall, living room, and in the bathroom. Wooden stairs lead up to a spacious loft that could be used as a second bedroom, home office, or artist studio. Open floor plan. Granite countertops with stainless steel appliances. Original wooden floors adorn the entire first floor. The back door opens to a large deck. Right off the deck is a 14ftx20ft light-filled detached shed with finished flooring that can be used for storage/hobby room. Beyond the deck is a long raised concrete patio, included is a luxurious Bullfrog Spas Series A7 jacuzzi (holds up to 8) Low taxes, star exemption est. $2500 if qualify. The driveway is est. 12ftx65ft and can hold 3-4 cars. A 15-minute drive to Jones Beach. 19 mins to Long Beach, 0.9 miles to Milburn Creek Park (4mins drive, 10mins walk), 1 mile to Milburn Pond Park (5mins drive, 14min walk) 1hr drive to Fire Island. 5mins to Baldwin Harbor.
| |||
| May 21, 2021 | Sold | ||
| Sold | |||
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Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
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Last Updated: 4 months ago
Data Source: OneKey MLS
Data Source: OneKey MLS
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