2038 E Phillips Pl
About This Property
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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 |
|---|---|---|---|
| Aug 14, 2024 | Sold | ||
| Sold | |||
| Jul 18, 2024 | Listed by Kentwood Real Estate DTC, LLC | $650,000 | |
| Listed by Kentwood Real Estate DTC, LLC | |||
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Carefree living in the sought-after Village at Four Lakes! This 3 bed, 3 bath two-story single family home offers many of the benefits of patio home living while still maintaining your privacy with a fully fenced-in yard. Over 2,600 finished square feet of tastefully updated surfaces and fixtures including extensive wood flooring on the main and upper levels, an exquisite wrought-iron staircase highlighting the soaring vaulted ceilings, and a relaxing new gas burning fireplace with blower in the family room. Eat-in kitchen features slab granite countertops with bar seating, stainless steel appliances, gorgeous cherry cabinetry, large breakfast nook and oversized 8x6 slider leading to the serene and private backyard living space with expanded patio and quiet front courtyard. Upstairs offers 3 bedroom and 2 full bathrooms, including the master suite with 4-piece bath, skylight and walk-in closet. The finished basement includes a large open great room and large utility room with ample storage options. Furnace and A/C units replaced in past year as well as many windows throughout. Whole-house Culligan water filtration system included. *Possible reduction in homeowners insurance due to HOA covering roof replacement, exterior siding, paint and front yard maintenance. Four Lakes offers amazing amenities including pool, tennis courts, parks and trails. Located in the heart of Centennial with easy access to great restaurants, shopping and schools. Be sure to check out 2038ephillips.com for more photos and information!
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| Jul 9, 2024 | Price Decreased |
$660,000
↓ $15K
(2.2%) | |
| Price Decreased | |||
| Jun 19, 2024 | Price Decreased |
$675,000
↓ $24K
(3.4%) | |
| Price Decreased | |||
| Jun 3, 2024 | Price Decreased |
$699,000
↓ $31K
(4.3%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017