2041 Phillips Dr
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 |
|---|---|---|---|
| Sep 30, 2024 | Sold | ||
| Sold | |||
| Aug 16, 2024 | Listed by Your Castle Real Estate Inc | $550,000 | |
| Listed by Your Castle Real Estate Inc | |||
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This 4 bed, 3 bath former AirBnB is the cream of the crop in this desirable, centrally-located Northglenn neighborhood and must be seen to be believed. Just literal minutes away from the new 112th Lightrail stop but located in a quite neighborhood, it's the perfect mix of convenience and comfort. When this humble home became a licensed Short Term Rental, no expense was spared. On the outside, it got brand new sod in the front and back (with sprinkler system), the concrete patio was updated with seating around a fire-pit, picnic bench, and grill. The fenced garden got a facelift and there's new paint on the house and shed. Inside, new Luxury Vinyl Plank was installed on both levels, new lighting and plumbing fixtures were chosen by a designer to accent the chic decor throughout. Downstairs, there's a huge flex space that's set up as an inviting game room with a bar flanked by two more bedrooms (one with new egress window), and a large laundry/storage room with included washer/dryer. Along with the aesthetics, this home boasts updated electrical, new A/C (2023), newer high-efficiency windows, new blinds, and new interior paint. Come take a look! If you love what you see, the furnishings are negotiable.
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| Sep 11, 1995 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017