1915 Coolcrest Way
About This Property
With two master bedrooms, the layout is ideal for multi-generational living, including in-laws, teens, or a rented suite. Downstairs is the laundry room and three bedrooms, all with a pool view. The master en-suite opens to the patio and features a remodeled bathroom with large shower. Two staircases lead to another two bedrooms, including a master en-suite, gym/storage room, office, family room with built-in cabinetry and beautiful rock fireplace, w/ oversized kitchenette. Gorgeous hickory flooring is featured throughout the upstairs living area. The large balcony overlooks the pool and mountains.
The updated, custom, eat-in kitchen features granite counters and solid maple cabinets, and is made for serving large gatherings with two ovens and two dishwashers, a fireplace and bench seating. The living room w/ fireplace and dining area flow into the oversized family room with French sliders that open to the outdoors. With a 2-car garage and wide driveway, parking is plentiful.
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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 |
|---|---|---|---|
| Jun 30, 2020 | Sold | ||
| Sold | |||
| Mar 19, 2020 | Listed by KELLER WILLIAMS SOCAL | $875,000 | |
| Listed by KELLER WILLIAMS SOCAL | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017