2784 N 48th Road
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 |
|---|---|---|---|
| Sep 1, 2023 | Sold | ||
| Sold | |||
| Jul 17, 2023 | Listed by Swanson Real Estate | $379,900 | |
| Listed by Swanson Real Estate | |||
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Beautiful 4 bedroom Country home on 2 acres. This well cared for home is just outside town in the Sandwich School District. The great country sized front porch greets you as you enter the large Living room. A spacious Kitchen and the breakfast room offers you all the options you need for day to day living and entertaining as well. Master Suite and one other bedroom on the main floor as well as two full baths. Nice breezeway connects to the oversized two car garage. The second floor will surprise you, with two huge bedrooms, and a massive sitting area at the top of the stairs. One bedroom featuring a very large walk in closet. Plenty of room for you to use it as a family room, study area, kids playroom, at home office, maybe take part of it to make another bathroom? Almost endless options. We have a full unfinished basement, for all the storage you will ever need, or more finished area if you prefer. Oversized heated garage with walk up attic. Another great option with this property is, you have two acres and no covenants. With two sides a mature windbreak it will protect you from the elements, give you privacy, and the trees are just beautiful. If you have been looking a place to building your pole buildings for all your toys, but yet you don't want the older farmhouse scenario, check this one out. Newer modern home, country setting, no covenants, and close to town, here it is. Properties like this rarely come up in this area, if you wait to long, you might just miss a great buy on this awesome home.
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| Jul 14, 2017 | Sold | ||
| Sold | |||
| Mar 21, 2017 | Listed by Coldwell Banker The Real Estate Group | $245,000 | |
| Listed by Coldwell Banker The Real Estate Group | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017