2651 Traditions Loop
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 14, 2020 | Sold | ||
| Sold | |||
| Jan 9, 2020 | Listed by RE/MAX Parkside Real Estate | $729,000 | |
| Listed by RE/MAX Parkside Real Estate | |||
| Aug 15, 2019 | Sold | ||
| Sold | |||
| Feb 26, 2019 | Listed by RE/MAX Parkside Real Estate | $705,000 | |
| Listed by RE/MAX Parkside Real Estate | |||
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A rare opportunity to own an approximate 2330 sq. ft. home on an almost 1/4 acre lot. The lot has a prestigious location over looking the Traditions open space, with privacy and an unobstructed view of the City and mountains, all within a few steps of the Tradition's clubhouse and pool. This beautiful home has many upgrades and custom features like granite counters, double ovens, plantation shutters and lots of custom cabinets. The entry patio include a finished Casitas that has many potential uses i.e. art studio or maybe a second office. The yards are professionally landscaped for low maintenance and to accent the two large custom fountains. There is a large covered patio with pull down sun screens, a bar-be-cu island with built in commercial stainless steel barbecue and refrigerator. The garage and workshop have an abundance of cabinetry with a pull-down stair access to the attic storage.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017