20128 LAVENDER PLACE
About This Property
A great home for entertaining inside and out with a fantastic back patio completely rebuilt plus a pavilion added, including electric with extra outlets and heating system. A ceiling fan was also added to the screened-in porch. *****
Owner added LVP flooring in the kitchen, living room, downstairs foyer and bedrooms. Two bedrooms were combined to make a generous owner suite with remodeled luxury bath ensuite (that could be converted back to two bedrooms if desired.) The living room was leveled with the entry foyer and dining room reducing the trip hazard. *****
Beautiful gourmet eat-in kitchen features granite counters, black stainless steel appliances and is adjacent to formal dining room with slider to screened in porch. A brick wood burning fireplace provides a focal point for the living room and there is plenty of natural light. *****
Beautiful oversized owner suite offers a luxury bath with frameless shower door and expanded spa area with multiple showerheads, including independent cool down showerhead. The two other good sized bedrooms share an updated hall bath. *****
The walkout finished lower level has a bed room/recreation room with built ins and a slider to the yard, laundry room and a half bath. *****
The screened in porch leads to the pavilion patio with views of the open green space.
Roof is 4 years old, windows are replaced, electric panel and kitchen electric were brought up to code. The owner also added a mudsink to garage, keyless entry with Bluetooth app for front door, whole house humidifier, gutter guards with mesh ultrafine filter, upgraded ceiling fans to two bedrooms, landscaping, whole house water filtration, repaved driveway with a drainage trench, too much to list! *****
Walking trails and bike paths criss-cross the entire community, which is immediately adjacent to Black Hills Regional Park. In addition to the lakes, Churchill Village South offers a host of other recreation opportunities including playgrounds, tennis courts and two swimming pools. *****
Great location near I270, shopping, Germantown Town Center with library and arts center plus restaurants and movie theater. Walk to Lake Churchill and Black Hill Trail on Little Seneca Creek. One block to Ride On Bus route to Germantown Transit Center. *****
Please Note: Seller cannot close before May 12, 2022.
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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.
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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 |
|---|---|---|---|
| May 12, 2022 | Sold | ||
| Sold | |||
| Mar 30, 2022 | Listed by RE/MAX Realty Services | $499,000 | |
| Listed by RE/MAX Realty Services | |||
| Jun 14, 2020 | No longer available | - | |
| No longer available | |||
| Mar 26, 2020 | Sold | ||
| Sold | |||
| Mar 10, 2020 | Price Decreased |
$429,000
↓ $10K
(2.3%) | |
| Price Decreased | |||
Property Highlights
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About Germantown
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017