29702 Elmswood Circle
About This Property
The family room has a inviting fireplace and the room overlooks the backyard. There is one downstairs bedroom and one full bath. Added cabinets outside bathroom. Upstairs there are three more bedrooms, one is off the loft and is very well hidden for privacy. The master bedroom is very large with plenty of room for a cal-king bed and still have plenty of room. The tub is very big 6' person or taller would fit easily. Custom crown molding in the master. The3 car garage has built in storage cabinets and a custom workbench with all the power you will need. There is also a tankless water heater.
The home has great curb appeal and the front has a patio so you can sit and watch the kids play in the cul-de-sac[ The front and back yard are both easy care with synthetic turf with animal guard. It is ok for animals. The backyard has a big patio with a covered permitted patio with fans and lights.
THE SOLAR IS 100% PAID OFF.
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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%.
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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 27, 2024 | Sold | ||
| Sold | |||
| Sep 8, 2024 | In contract | - | |
| In contract | |||
| Aug 21, 2024 | Listed by Coldwell Banker Assoc Brkr-SC | $725,000 | |
| Listed by Coldwell Banker Assoc Brkr-SC | |||
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About Menifee
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017