18 Purchase Hills Drive
About This Property
LARGE CONTEMPORARY COLONIAL,WITH A WRAP-AROUND DECK, OPEN FLOOR PLAN, NEW BATHS, NEW KITCHEN, NEW ROOF, NEW WINDOWS, AND A NEW BOILER . GREAT CONDITION WAITING FOR ITS NEW OWNERS!!!!!
The front entrance opens to a spacious foyer, the light provides a welcoming atmosphere. An open floor plan from the living room and family room looks to the outside garden seen from the wrap-around deck. The very high ceilings add drama to the initial viewing.The kitchen has been remodeled, there is a dining area and a family room area in the kitchen. A laundry room opens to the two car garage. Upstairs features four bedrooms . A Primary suite with closets and new bath, 3 three other bedrooms ,one new bath. A large bright loft space with a picture window providing additional area for reading or play. Tennis courts, gutters cleaned, roads paved, snow removal, your grounds taken care of and a manned gate house. A Perfect place to call HOME. Additional Information: Amenities:Tennis,HeatingFuel:Oil Below Ground,ParkingFeatures:2 Car Attached,
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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 |
|---|---|---|---|
| Oct 25, 2023 | Sold | ||
| Sold | |||
| Aug 15, 2023 | In contract | - | |
| In contract | |||
| Jun 13, 2023 | Price Decreased |
$1,950,000
↓ $200K
(9.3%) | |
| Price Decreased | |||
| Apr 11, 2023 | Listed by Julia B Fee Sothebys Int. Rlty | $2,150,000 | |
| Listed by Julia B Fee Sothebys Int. Rlty | |||
| Aug 14, 2013 | Sold | ||
| Sold | |||
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About Harrison
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017