1826 Pemelton Drive
About This Property
A beautifully maintained home, custom built with every detail- down to the lot- carefully considered, and tastefully decorated! The lot is just off the ACU walking trail, and it has a 400 sf covered patio which is the owners' fave spot. The entry and living have very tall ceilings that are set off with crown molding that makes them look even taller. Off the entry is a delightful guest bath. The granite counter tops in kitchen & baths have soft patterns and blend smoothly with the back splash and floor. The master is a great big room with lovely bath, and it is separate from other 2 bedrooms. Even the garage is a plus, it is oversized! Class 4 roof 6-7 years old.
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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 |
|---|---|---|---|
| Mar 31, 2021 | Sold | ||
| Sold | |||
| Jan 24, 2021 | Listed by Remax Of Abilene | $339,500 | |
| Listed by Remax Of Abilene | |||
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OPEN SUNDAY, FEB. 21, 1:30-3PM!
A beautifully maintained home, custom built with every detail- down to the lot- carefully considered, and tastefully decorated! The lot is just off the ACU walking trail, and it has a 400 sf covered patio which is the owners' fave spot. The entry and living have very tall ceilings that are set off with crown molding that makes them look even taller. Off the entry is a delightful guest bath. The granite counter tops in kitchen & baths have soft patterns and blend smoothly with the back splash and floor. The master is a great big room with lovely bath, and it is separate from other 2 bedrooms. Even the garage is a plus, it is oversized! Class 4 roof 6-7 years old.
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Property Highlights
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About Abilene Heights Area
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$7,500 /mo
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$1,395 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017