20870 TRINITY SQ
About This Property
Upstairs, the home features three large bedrooms, including a bright and airy primary suite with an attached bath. Custom drapery and designer lighting accentuate every room, and the convenience of an upper-level laundry adds to the thoughtful design. The finished basement includes an ensuite bedroom with a full bath, a walk-in closet, and additional entertaining space with a second fireplace, as well as access to a large covered patio.
The front-loading two-car garage has been recently drywalled, adding to the list of updates. The garage has an additional storage room and bump out that offers tons of storage. Updates include a roof replacement scheduled for this month and a new HVAC system installed in 2021. Hot water Heater 2023. Situated close to schools, shopping, and major commuter routes, this home is within walking distance of the local elementary school. Community amenities include a swimming pool, basketball and tennis courts, a playground, jogging/walking paths, and a clubhouse. The seller is moving out of the country and would prefer to sell as-is. If possible a 30-day rent-back is preferred. Alarm and camera on premises.
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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%.
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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
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/16/2024
| |
4 Bed
|
4 Bath
|
2905 ft²
|
$730,000
4 Bed
4 Bath
2905 ft²
|
$770,042
+5.49%
11/08/2024
|
Donna Lutkins
Compass
|
Building Info
About Potomac Lakes
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017