1945 DEER RUN Road
About This Property
This cozy 2-bedroom, 1-bath abode boasts tastefully appointed interiors with updated vinyl plank and carpet flooring, setting a welcoming tone from the moment you step in. An impressive feature is the spacious 12x15 ft workshop, offering versatility for both work and leisure pursuits. Enjoy the convenience of a 1-car garage and ample storage provided by the 2-car tandem carport. Relax on the screened porch, a serene spot for unwinding amidst the tranquil surroundings.
A noteworthy improvement to the property is the newly installed pump in the septic system, enhancing functionality and ensuring peace of mind. Seamlessly blending modern comfort with practicality and the allure of natural landscapes, this home offers a harmonious retreat for those seeking solace, relaxation, and unpretentious living.
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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 |
|---|---|---|---|
| Apr 1, 2024 | Sold | ||
| Sold | |||
| Feb 15, 2024 | Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS SOUTHSIDE | $268,000 | |
| Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS SOUTHSIDE | |||
| Oct 6, 2023 | Sold | ||
| Sold | |||
| Jul 11, 2023 | Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS SOUTHSIDE | $269,000 | |
| Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS SOUTHSIDE | |||
| Jan 4, 2023 | Sold | ||
| Sold | |||
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About St. Johns
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017