1824 Primrose Lane
About This Property
The kitchen is the heart of the home, open and bright boasting oak cabinets, Corian countertops, snack bar, pantry and breakfast area. Other features include cathedral ceilings, tile and engineered wood floors, spacious covered screened patio with cedar ceiling.
The primary bedroom suite is roomy with a tastefully updated bathroom with contemporary tile, stylish vanity, and updated lighting, creating a spa-like atmosphere where you can unwind after a long day. The other three bedrooms are just the right size for kids, guests, or a home office. A new roof installed in 2024, hurricane rated doors and windows, and R49 insulation in the attic, this home offers modern upgrades that ensure comfort, safety, and enhanced energy efficiency for years to come.
Conveniently located in the heart of Wellington, with no Homeowner's Association, close to schools, equestrian venues, parks, and so much more.
Don't miss your chance to see how this home could be just right for you!
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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 30, 2024 | Sold | ||
| Sold | |||
| Aug 14, 2024 | Listed by Coldwell Banker Realty | $640,000 | |
| Listed by Coldwell Banker Realty | |||
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About Sugar Pond Manor of Wellington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017