2638 Trap Creek Dr
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 |
|---|---|---|---|
| Apr 1, 2024 | Sold | ||
| Sold | |||
| Nov 3, 2023 | Listed by Group Mulberry | $689,500 | |
| Listed by Group Mulberry | |||
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Situated on a premium corner lot, backing to an open area and in close proximity to the Timnath Reservoir, this meticulously maintained open-concept ranch boasts 4 bedrooms, 3 bathrooms, a partial finished basement, and a 3-car tandem garage. Enjoy the serenity of nature just outside your backdoor while relaxing on the covered deck. Take leisurely walks to the reservoir on the west, indulging in scenic views and sunsets. The living room is bathed in natural light from large east-facing windows, creating a bright and welcoming space. The open kitchen is a culinary dream, featuring stainless steel appliances, quartz counters, pull-out drawers, gas cooktop and hood. The private primary bedroom includes an elegant 4-piece bath with a dual sink vanity, large, shower, and a walk-in closet, strategically separated from the rest of the bedrooms for added privacy. The basement adds versatility, offering a family room, bedroom, bath, and 1,162 sq ft for storage or future expansion. The appeal of the neighborhood is enhanced by the community pool, providing additional amenities that make this residence an ideal retreat. Don't miss the opportunity to own a stylish and well-maintained home in this highly desirable location!
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| Jun 2, 2023 | Listed | $699,000 | |
| Listed | |||
| Sep 29, 2019 | No longer available | - | |
| No longer available | |||
| Sep 25, 2019 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017