247 Covered Bridge
About This Property
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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 |
|---|---|---|---|
| May 6, 2025 | Sold | ||
| Sold | |||
| Apr 22, 2025 | In contract | - | |
| In contract | |||
| Apr 7, 2025 | Listed by League Real Estate | $725,000 | |
| Listed by League Real Estate | |||
| Dec 16, 2019 | Sold | ||
| Sold | |||
| Oct 25, 2019 | Listed by Coldwell Banker Residential Br | $439,000 | |
| Listed by Coldwell Banker Residential Br | |||
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Perfectly positioned for privacy this Covered Bridge home sits far from the road surrounded by mature trees. Single story, one owner, 4 BR, 3 BA home offers an open and versatile floor plan with the option to use the 4th BR as media, game, playroom or gym. Open concept living space anchored by handsome stone fireplace with spectacular views of outdoor oasis! The well appointed eat in kitchen features SS double ovens, granite counters, island, and walk in pantry! Magnificent saltwater pool, spa and impressive stone fireplace will delight! Quality craftsmanship & extensive crown molding throughout! 3 car garage, water filtration & softener.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017