2103 Langley Avenue
About This Property
The home has been graciously updated with a top to bottom kitchen renovation by ''The Wooden Door'' that includes all new cabinetry, maple butcher block counter-tops/shelving and new appliances that include a high-end range/oven.
The home is nestled across the street from the St. Joseph river with partial views from the patio/hot tub area. The location is within walking/biking distance to the vibrant downtown area, where you'll have easy access to a plethora of shopping options and culinary delights. Plus, let's not forget the world-class beaches and Jack Nicklaus PGA golf course that are just a stone's throw away. The outdoor seating area and hot tub are perfect for both entertaining and unwinding after a long day. The low-maintenance backyard boasts artificial turf, stone path, apple/cherry trees, and a rock garden, creating a picture-perfect setting. Other upgrades include a new water heater, gutter toppers, replacement windows, and updated bathrooms. In addition to the main level hardwood floors, the upper area has hardwood underneath the carpet that can be refinished as well. Don't miss this coastal retreat!
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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 |
|---|---|---|---|
| Dec 13, 2023 | Sold | ||
| Sold | |||
| Nov 8, 2023 | Listed by Green Towne Coastal Realty | $280,000 | |
| Listed by Green Towne Coastal Realty | |||
| Jul 8, 2021 | Sold | ||
| Sold | |||
| May 13, 2021 | Listed by Green Towne Coastal Realty | $195,000 | |
| Listed by Green Towne Coastal Realty | |||
| Jun 23, 2015 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017