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18989 Pachappa Road
About This Property
FACES EAST . . . Plenty of privacy . . . NO NEIGHBORS ON SIDES . . . EXPANSIVE OPEN FLOOR PLAN OFFERS PLENTY OF SPACE & PLENTY OF NATURAL LIGHT THROUGHOUT HOME . . . All the bedrooms are extra large with walk-in closets & ceiling fans . . . HOME IS CONNECTED TO SEWER & HAS ALL UNDERGROUND UTILITIES . . . A total of 5 car garage . . . Attached to home is 3 car garage & a detached 2 car garage with separate office room & it's own separate driveway & entrance. . . SEPARATE LIVING ROOM IS BEING USED AS ELEGANT FORMAL DINING ROOM . . . Kitchen offers vaulted ceiling with plenty of natural & recessed lightning . . . Kitchen is large with custom built island & breakfast bar . . . Family room has custom built wood-burning fireplace that is the focal point of this expansive room . . . MASTER SUITE HAS CUSTOM BUILT WOOD BURNING FIREPLACE . . . Dual sink vanity . . . OVER-SIZED GARDEN TUB & WALK-IN SHOWER . . . Whole length covered patio . . . Wood deck . . . GAZEBO SPA . . . Extensive electrical outlets & two separate fenced backyard . . . BACKYARD HAS LARGE GATE FOR LARGE TRUCK ACCESS . . . All the shrubs and trees have sprinkler lines . . . Seller has invested over $80,000 in home improvements to make this home an amazing value.
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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 |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Jan 27, 2021 | In contract | - | |
| In contract | |||
| Jan 17, 2021 | No longer available | - | |
| No longer available | |||
| Dec 18, 2020 | Listed | $479,990 | |
| Listed | |||
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This elegant home is 3271 square feet with 4 bedrooms and 2 and a half baths! Highlights to this beautiful home include the generously large kitchen with large island for all your entertaining needs!! PERFECT for holidays!! It comes with an immersing fireplace in family room and bedroom!! All the storage you need and more. Can't forget about the best part 2 GARAGES! This home comes with a detached garage as well as a beautiful gazebo with a JACUZZI inside! I don't see any other reason not to buy this home! It's the full package! COME TAKE A LOOK BEFORE IT'S TOO LATE! The manager has listed the unit size as 3271 square feet.
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| Mar 13, 2020 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017