30171 Garnet Lane
About This Property
HVAC ductwork recently replaced, and R30 insulation added over existing R11. THE HOME STAYS VERY COOL (PER SELLERS) New outlets and switches installed IN HOME. Spacious 4 bedrooms(POSSIBLE 5), 3 bath home with Dual pane windows also, Ceiling fans throughout, fireplace in family room. Laminate flooring in family room, ceramic tile in kitchen and bathrooms, carpet in dining room, living room, and bedrooms. Contract for remodel of kitchen and baths shows solid surface countertops, Staron brand. On septic and propane (HVAC and 2 tankless water heaters use propane). Tank is leased with propane company, it is 250 gallons.
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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 |
|---|---|---|---|
| Jul 31, 2020 | Sold | ||
| Sold | |||
| Jun 11, 2020 | Listed by Signature Real Estate Group | $495,000 | |
| Listed by Signature Real Estate Group | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017