218 Castle Dr
About This Property
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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 |
|---|---|---|---|
| Jun 3, 2024 | Sold | ||
| Sold | |||
| May 31, 2024 | Relisted | $437,000 | |
| Relisted | |||
| May 3, 2024 | In contract | - | |
| In contract | |||
| Apr 26, 2024 | Listed by Kittle Real Estate | $437,000 | |
| Listed by Kittle Real Estate | |||
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Beautiful ranch home in the Overlook community at Severance boasting an enviable position on a spacious corner lot. From the moment you step into the foyer, the home opens into a beautifully designed main area with vaulted ceilings that enhance the sense of space and allows for natural light to flood in. The living, kitchen, and dining space are connected in a seamless open-concept layout, making it perfect for staying connected to every activity. In the kitchen, recent updates include a new sink and faucet, enhancing the cooking experience. The large center island serves as the focal point of the space, providing plenty of counter prep space and offers a convenient spot for casual meals, while the pantry offers ample storage solutions for kitchen essentials. Retreat to the tranquil primary suite, complete with an updated ensuite bathroom, and a walk-in closet. Two additional bedrooms offer plenty of space for family or guests, and can even double as a home office or a hobby room. The unfinished basement holds great potential for customization. Fulfill all your expansion ideas with an ultimate recreational area, additional bedrooms, or use as storage space. Outside, the fenced backyard with a concrete patio is a delightful outdoor space for relaxation, gardening, or hosting gatherings. Embrace a lifestyle of ease and accessibility with convenient access to local amenities right at your fingertips, including shopping, dining, and entertainment options.
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| Jun 26, 2023 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017