28 Mahopac 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 |
|---|---|---|---|
| Aug 14, 2024 | Sold | ||
| Sold | |||
| Jul 1, 2024 | In contract | - | |
| In contract | |||
| Jun 13, 2024 | Listed by Douglas Elliman Real Estate | $470,000 | |
| Listed by Douglas Elliman Real Estate | |||
| | |||
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Newly listed at 28 Mahopac Rd, this charming 3-bedroom, 1.5-bathroom house spans a comfortable 1,795 sqft, perfectly blending modern amenities with cozy living. Step inside to discover beautiful hardwood floors throughout, creating a warm and inviting atmosphere. The house features a large kitchen equipped with the latest appliances (2024), ready for your culinary adventures. A spacious lower level offers versatile space for entertaining or a home gym, directly accessible to the garage for convenience. This home is not just about indoor comfort; it equally celebrates outdoor living. Enjoy exclusive lake rights to Lake Carmel Beaches, perfect for relaxing or engaging in water activities. The large, fenced-in backyard boasts a sizeable deck, ideal for gatherings or quiet evenings under the stars. Energy efficiency meets style with a newly installed furnace (2024) and updated electrical systems, ensuring comfort and safety. Additional amenities include a pellet stove that adds a cozy touch to the living area, central air conditioning for those hot summer days, and a fresh roof from 2018. The property is nestled in a friendly community, with quick access to Southeast train station for easy commuting, and local shops and restaurants, and the scenic Lake Carmel Park District all enhancing your living experience. Whether you're looking for a peaceful retreat or a home that keeps up with your active lifestyle, 28 Mahopac Rd is a perfect choice. Don't miss out on making this house your new home!
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| Oct 21, 1994 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017