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2222 Park Place
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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 30, 2024 | Sold | ||
| Sold | |||
| Jul 15, 2024 | Listed by Compass | $1,490,000 | |
| Listed by Compass | |||
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One of a kind, PREMIER corner cul-de-sac home on OVER 9,800 sqft flat lot! Completely remodeled with impeccable, high-end finishes from the studs up in 2022... must we say more!? Pull up to fogged glass garage doors, enter through a private steel courtyard gate leading to one of the largest front entry yards in the tract. Once inside, the custom open floor-plan will allow you to see straight through to your entertainer's yard including a pool,spa, built-out outdoor kitchen, two sitting areas, a dining area, fire pit & relaxing hammock nook. But wait, that is not all! Rough plumbing,electrical, sub-pump & plans drawn up for a pool house with bath along the back of the property! Chef's interior kitchen centered around a long waterfall island with storage and seating, accented with a coffee bar, walk-in pantry with a sub-zero 100 wine bottle refrigerator. If that isn't enough for you, read additional upgrades done 2022 during the full house renovation: 50 YEAR COMPOSITE ROOF. MILGARD FIBERGLASS WINDOWS & DOORS. NEW INSULATION. THERMADOR KITCHEN APPLIANCES. LG STACKED WASHER/DRYER & LG CLOTHING STEAM UNIT. 100 BOTTLE SUB-ZERO WINE REFRIGERATOR. WHITE OAK WIDE PLANK WOOD FLOORING. 4 INCH LED RECESSED LIGHTING ON LUTRON CONTROL SYSTEM. 3 UBIQUITI NETWORK EXTENDERS. AUTOMATIC WINDOW SHADES ON A HAND CONTROL SYSTEM. BOARD & BATTEN T&G HORIZONTAL EXTERIOR SIDING. FLAGSTONE FRONT & BACK AREAS. SLATE GREY STONE ON POOL DECK. POOL COPING & PEBBLE-TECH POOL SURFACE. PENTAIR POOL HEATER, PUMPS & FILTER. AQUALINK POOL CONTROL SYSTEM. GOODMAN HVAC SYSTEM W/ NEST SMART CONTROL. HARDWIRED GOOGLE CAMERA SYSTEM. IRRIGATION & LANDSCAPE LIGHTING ON CONTROL SYSTEM. FLAGSHIP WATER WHOLE-HOUSE FILTRATION SYSTEM. 200 AMP PANEL WITH NEW WIRING. NORITZ TANKLESS WATER HEATER. NEW PLUMBING, WATER SUPPLIES & DRAINS. 2019 INSTALLED SOLAR PANEL SYSTEM. STEEL POST PRIVACY FENCING WITH REDWOOD RAILINGS. GAS FIRE PIT WITH SEATING & PRIVATE BUILT-OUT HAMMOCK NOOK. OUTDOOR KITCHEN WITH BAR SEATING, MINI FRIDGE, BBQ, SIDE BURNERS & STORAGE. ARTIFICIAL GRASS IN PRIVATE FRONT YARD AREA. GLASS FRONT DOOR & GARAGE DOOR. OUTDOOR STORAGE SHEDS & GARAGE STORAGE CABINETS. *ROUGH PLUMBING, ELECTRICAL & SUB-PUMP COMPLETED FOR POOL HOUSE. NO HOA. CLOSE TO AWARD-WINNING SCHOOLS, PARKS, HIKING, GROCERY STORES, RESTAURANTS AND MORE.
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| Aug 12, 2021 | Sold | ||
| Sold | |||
| May 19, 2021 | Listed by Pinnacle Estate Properties, Inc. | $819,900 | |
| Listed by Pinnacle Estate Properties, Inc. | |||
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About Thousand Oaks
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017