2140 Addison AVENUE
About This Property
The master bedroom, accessible through a private entry from the Florida room, beckons with a spacious walk-in closet and dual sinks in the ensuite bathroom.
The spacious family room opens up to a charming Florida room, featuring ample windows and a cooling ceiling fan-a perfect haven to bask in the sunlit days.
Embrace the golf cart-friendly community lifestyle, where a clubhouse, pool, and tennis courts await your enjoyment. where convenience meets charm.
With major highways, fantastic shopping, dining, and major attractions just a stone's throw away, this residence seamlessly combines tranquility, recreation, and the vibrant spirit of community living.
Nestled within the Kings Ridge community, you'll find yourself enveloped by verdant landscapes, ideal for leisurely strolls and partaking in activities that foster connections with your neighbors. This enchanting locale offers a delightful opportunity to engage with others and relish the splendid natural surroundings.
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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 |
|---|---|---|---|
| Jul 24, 2024 | Sold | ||
| Sold | |||
| Jun 22, 2024 | In contract | - | |
| In contract | |||
| Jun 16, 2024 | Price Decreased |
$309,000
↓ $11K
(3.4%) | |
| Price Decreased | |||
| Jun 4, 2024 | Relisted | $319,900 | |
| Relisted | |||
| May 29, 2024 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017