22
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227 Cove Loop Drive
About This Property
As you walk into the home, you will be greeted with an open split floor plan with large slider doors leading to the outside covered patio area (new screen enclosure), which is great for entertaining. To the left is the formal living area, to the right is the formal dining room, which leads to the upgraded kitchen. The kitchen has ample storage, along with brand new stainless steel appliances includes a washer and dryer, and then there's the garage with the freshly painted floor, ready for those toys! '||chr(10)||'This is a 4 bed, 2 full bath home. The large master bedroom boasts an open en-suite with a huge walk in closet, dual sinks, jetted garden tub, walk in shower and a separate toilet stall. You do not need to worry about the roof as it is only 3 years old. And no cast iron or copper plumbing!'||chr(10)||'This home will not disappoint! Why pay for a new construction when you can have a completely remodeled property, which is ready for you to call home! '||chr(10)||'SELLER MOTIVATED! BRING ALL OFFERS
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Cap Rate Calculator
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 10, 2021 | Sold | ||
| Sold | |||
| Sep 30, 2021 | Listed by Florida Homes & Loans Inc. | $424,900 | |
| Listed by Florida Homes & Loans Inc. | |||
| Aug 13, 2021 | Sold | ||
| Sold | |||
| Jul 7, 2021 | Listed by Florida Homes & Loans Inc. | $275,000 | |
| Listed by Florida Homes & Loans Inc. | |||
| Nov 12, 1997 | Sold | ||
| Sold | |||
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About Villa De Palmas Sykes Cove
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017