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2623 Lowell Circle
About This Property
The brand-new chefs-kitchen boasts custom cabinets that feature a built-in spice rack & utensil holder, a modern backsplash, leathered granite countertops, and state-of-the-art appliances. The fully renovated master and half bathrooms offer a luxurious retreat, with the XL master bath shower featuring body sprayers, color-changing lights and a built-in Bluetooth speaker for a truly spa-like experience.
Step outside to your private backyard oasis, complete with a pool and spa. The pool area has been upgraded with new LED color-changing lights, a new pool heater, pump motor, filter system, and a salt cell installed in 2022. The fenced yard is lush with MATURE and PRODUCING FRUIT TREES (Banana, Mangos & Avocados) providing beauty, shade and privacy.
Additional upgrades include a roof installed in 2017, a new AC system from 2019, ductwork replaced in 2022, and smart home features like a MyQ garage system, smart thermostat, and tankless water heater. This home is truly move-in ready, offering all the modern updates you could want while retaining the old-world charm that makes it special. Don't miss the opportunity to make this incredible property in Weston Village your own. Schedule a 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 |
|---|---|---|---|
| Oct 18, 2024 | Sold | ||
| Sold | |||
| Sep 22, 2024 | In contract | - | |
| In contract | |||
| Sep 14, 2024 | Relisted | $584,999 | |
| Relisted | |||
| Sep 12, 2024 | No longer available | - | |
| No longer available | |||
| Sep 1, 2024 | Listed by Dale Sorensen Real Estate Inc. | $584,999 | |
| Listed by Dale Sorensen Real Estate Inc. | |||
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About Weston Village
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017