2 Pipers Glen
About This Property
Brand new trex deck 2022, 18 Anderson windows plus glass sliding door to deck. Matching Gazebo and large wooden shed. Kitchen boasts stainless steel appliances, granite countertops and large seated island with built in wine cooler, custom cabinets, built-in GE Profile dual electric oven, stovetop and microwave.
Home includes central A/C on main level, wood burning fireplace in family room. An abundance of natural light with Skylights and raised roof in kitchen, family room, master bathroom and entrance. Jacuzzi and walk in closet in master bathroom.
Additional improvements include: partial free standing plywood boarded attic, new hardwood floors, refinished basement (2022), new hot water tank (2023), new dishwasher (2022) Additional Information: Amenities:Storage,
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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 22, 2023 | In contract | - | |
| In contract | |||
| Mar 14, 2023 | Listed by Sohn Real Estate Corp | $649,000 | |
| Listed by Sohn Real Estate Corp | |||
| Jun 25, 2015 | Sold | ||
| Sold | |||
| Mar 9, 2015 | Listed by Sohn Real Estate Corp | $449,999 | |
| Listed by Sohn Real Estate Corp | |||
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About Nanuet
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017