225 Will Smith DR
About This Property
Step inside to discover a completely remodeled kitchen, primary bedroom, and bathroom, showcasing modern design and luxurious amenities. The kitchen features sleek countertops, stainless steel appliances, and ample storage space, perfect for culinary enthusiasts and entertaining alike. The flooring has been replaced throughout the entire home, offering a fresh and stylish ambiance.
Relax and unwind in the spacious primary bedroom featuring an oversized boudoir-style closet, offering plenty of room for your wardrobe and accessories. The remodeled bathroom provides a spa-like experience with contemporary fixtures and finishes, creating a serene oasis for rejuvenation.
Outside, the expansive back porch invites you to soak in the tranquility of country living, while a 1500 square foot workshop with electric, heating, AC, upgraded insulation, and a half bath awaits your creative endeavors. Plus, the car lift is included for your projects.
Additional highlights include a separate barn for extra storage and easy access to major employers like Samsung, Amazon, Tesla, and ABIA via the nearby 130 toll road.
Experience the perfect blend of serenity and sophistication in this haven where relaxation and productivity harmonize seamlessly. Your slice of paradise awaits – schedule your showing today!
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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 |
|---|---|---|---|
| Apr 22, 2024 | In contract | - | |
| In contract | |||
| Apr 18, 2024 | Price Decreased |
$725,000
↓ $25K
(3.3%) | |
| Price Decreased | |||
| Mar 20, 2024 | Listed by Pure Realty | $750,000 | |
| Listed by Pure Realty | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Apr 30, 2020 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017