223 TALL PINES DR
About This Property
The heart of this home is the gourmet kitchen, a true masterpiece of design and functionality. Equipped with stainless steel appliances, a spacious eat-in island, and ample counter space, this kitchen is sure to delight even the most discerning chef. Complementing the kitchen is the open-concept living and dining area, providing an ideal space for entertaining guests or enjoying quiet family time.
On the first floor you have an inviting space with all the room to entertain family and friends including a juice bar/coffee station off of the living room. In the partially finished basement, you'll find a versatile space perfect for a home office, media room, or additional living area. Upstairs, the primary suite is a true oasis, featuring an ensuite bathroom with dual shower heads and a luxurious spa-like feel. Three additional well-appointed bedrooms and a full bath complete the upper level. Topped off with a brand new HVAC system, hot water heater, furnace, and a two-year-old roof, this home is move-in ready and poised to provide years of comfort and convenience.
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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 |
|---|---|---|---|
| Nov 15, 2024 | Sold | ||
| Sold | |||
| Oct 6, 2024 | In contract | - | |
| In contract | |||
| Sep 11, 2024 | Listed by HomeSmart First Advantage Realty | $589,000 | |
| Listed by HomeSmart First Advantage Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017