20606 Louetta Woods Drive
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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.
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 23, 2023 | Sold | ||
| Sold | |||
| Jun 16, 2023 | Listed by CB&A, Realtors | $419,000 | |
| Listed by CB&A, Realtors | |||
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Beautiful 4 bedroom, 2.5 bath home in Louetta Woods is designed to provided you with a comfortable place to call home sweet home. The inviting entryway opens to the spacious living/open dining area with vaulted ceilings and a large kitchen perfect for entertaining. There is a formal dining/office space located of the kitchen as well. The primary bedroom is located on the 1st floor and includes a large walk-in closet, a relaxing spa-like ensuite, and large sliding glass doors for easy access to the pool. All other bedrooms are located upstairs as well as an additional flex space that can be used as a playroom/office/family room with new carpet throughout. The backyard oasis has a privacy fence, covered patio, beautiful backyard pool and a relaxing jetted hot tub. Don't miss out on this beautiful home. **Seller is offering $5000 towards countertops**
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| Jul 8, 2021 | Sold | ||
| Sold | |||
| May 19, 2021 | Listed by RE/MAX Redefined | $275,000 | |
| Listed by RE/MAX Redefined | |||
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Welcome to your new home with an oasis in the back yard. 20606 Louetta Woods Drive has tons of space, beautiful vaulted ceilings and an expansive kitchen. Formal areas can be used as flex space so that you can make this home fit your lifestyle. Your pool will be the envy of the neighborhood with the palms ready to bloom, lush green space and a relaxing jetted hot tubs. All of the bedrooms are spacious and well lit.
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About Middlecoff
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017