27951 Crest Estates Drive
About This Property
This beautifully remodeled home, rebuilt from the foundation up, offers modern amenities and design in a tranquil setting. Nestled on a spacious wooded lot of over half an acre, the property features breathtaking valley views from its rim-side location. The large, usable lot provides ample space for outdoor activities and future expansions. With the potential to add a second and possibly even a third property, this versatile estate is perfect for multi-generational living or investment opportunities. Don't miss out on this unique combination of luxury, privacy, and potential. Sale of property includes approved plans to add a second bedroom, bath, and garage to existing property.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jan 13, 2025 | Sold | ||
| Sold | |||
| Nov 17, 2024 | In contract | - | |
| In contract | |||
| Oct 7, 2024 | Relisted | $489,900 | |
| Relisted | |||
| Oct 7, 2024 | No longer available | - | |
| No longer available | |||
| Oct 5, 2024 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017