28 Preserve Way
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 |
|---|---|---|---|
| Jun 4, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
| Jun 3, 2024 | Sold | ||
| Sold | |||
| Mar 7, 2024 | Listed by @properties Christie's International R.E. | $1,980,000 | |
| Listed by @properties Christie's International R.E. | |||
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To be built! This exquisite modern farmhouse-style residence, nestled within the prestigious community of The Preserve along the Galien River, is sure to be a true masterpiece. Boasting stunning, panoramic views that promise to captivate, this home offers a serene retreat from the everyday hustle and bustle. The interior will feature a magnificent open-concept floor plan, accentuated by vaulted ceilings, hardwood floors, charming wood-burning fireplace. The gourmet kitchen is set to be a culinary delight, complete with Thermador appliances, custom cabinets, Kohler fixtures, and quartz countertops.
Imagine a luxurious haven in the primary suite complemented by a spa-like bath. Additional bedrooms and baths provide ample space for family and guests. Marvin Integrity windows flood the home with natural light, while an expansive covered porch offers the perfect spot to unwind and soak in the tranquil surroundings.
With all utilities conveniently located at the street, including city water and association sewer, and access to fantastic association amenities, this home will offer the ultimate in comfort and convenience. Whether you're relaxing in your own private yard or exploring the nearby beaches of Lake Michigan, this residence is sure to exceed your expectations.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017