18344 SE Cassia Lane
About This Property
The large private fenced back yard is surrounded by mature hedging and includes a 15 by 30 pool, paver patio
and screened lanai. Some of the other features include a fully remodeled master bath, diagonal tile throughout
the main living areas and carpet in the bedrooms, a large formal dining room with bamboo flooring, beautiful eat-in
kitchen with natural wood cabinets, granite counter tops and a double oven, crown moulding, volume ceilings,
updated windows, 3 zone A/C System, central vacuum, alarm system and a tankless gas hot water heater. Heritage Oaks also features a manned gate, oak lined streets and a tennis club with 6 Har-Tru courts. Home was fully remodeled in 1998 which included replacing many of the windows with thermo pane windows and the homes electrical system was re-wired.
The roof was replaced in 2001 with flat cement tile.
A complete home inspection was performed prior to listing and all of the items have been addressed.
Expenses/Utilities
Hoa Fees, $286/Month, includes basic cable, manned gate, common areas, bi-weekly trash pick up, perimeter hedge trimming on west side of property.
Electric, $135/ Month average
Water, $50/ Month average
Insurance, $2500/ Year
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Dec 7, 2021 | Sold | ||
| Sold | |||
| Oct 27, 2021 | Listed by Waterfront Properties & Club C | $1,250,000 | |
| Listed by Waterfront Properties & Club C | |||
| May 26, 2015 | Sold | ||
| Sold | |||
| Mar 16, 2015 | Listed by Waterfront Properties & Club C | $625,000 | |
| Listed by Waterfront Properties & Club C | |||
| Mar 10, 1997 | Sold | ||
| Sold | |||
Property Highlights
Building Info
Comparables
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Price/ft²
Listed On
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About Martin
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017