2174 Larch Street
About This Property
The home's layout is designed for seamless living, with a large beautiful yard and multiple patios on a 6,500 square foot lot, ideal for outdoor enjoyment. The primary suite includes a spa tub in the bathroom, and the second bath has been tastefully updated. Drought-tolerant landscaping enhances the exterior appeal. A standout feature of this property is its lifestyle amenities. Residents enjoy membership to a private swim and racquet club just a few houses away, offering beautiful pools, a spa, tennis courts, clubhouse, and a large gated park with playground, BBQ areas, and basketball courts, all accessible through a private entry. The neighborhood's $65 HOA fee covers access to these exclusive facilities. Additional highlights include attic storage with pull-down stairs in the garage and proximity to Justin Early Learners Academy, making this home not only move-in ready but also a gateway to a country club lifestyle.
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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 |
|---|---|---|---|
| Aug 16, 2024 | Sold | ||
| Sold | |||
| Jul 9, 2024 | Listed by On The House Homes | $892,000 | |
| Listed by On The House Homes | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Apr 29, 2020 | In contract | - | |
| In contract | |||
| Apr 18, 2020 | Listed | $649,777 | |
| Listed | |||
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undefined The manager has listed the unit size as 2015 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017