23853 Mark Twain
About This Property
The home comes equipped with a Ring doorbell app, providing added security. A sprinkler system ensures the lawn stays lush and green, and the 4-year-old carpet adds a touch of coziness to the interior, and the garage is ready for modern living with a 220-volt plug for EV charging.
New recessed lighting, installed just a year ago, brightens up the living spaces, while the street sweepers keep the neighborhood pristine every Tuesday. Enjoy the outdoors on the 5-year-old balcony. The stove is included in the sale, though no other appliances come with the home.
Comfort is further enhanced by the removal of all popcorn ceilings last year and the installation of a Google Nest thermostat. The furnace and AC, both 6-7 years old, ensure efficient climate control. Safety features include Google Nest smoke detectors both upstairs and downstairs.
The water heater is conveniently located outside, and a dog door to the backyard makes this home pet-friendly. The garage door opener can be controlled via an app for easy access. Ideally located near 60 freeway and shopping centers.
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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 21, 2024 | Sold | ||
| Sold | |||
| Aug 8, 2024 | In contract | - | |
| In contract | |||
| Jul 12, 2024 | Listed by RE/MAX TIME REALTY | $515,000 | |
| Listed by RE/MAX TIME REALTY | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017