311 SUFFOLK RD
About This Property
Exceptional Properties. Exceptional Clients. Welcome to 311 Suffolk Rd, this 6 bedroom, 3 full and 1 half bath is the definition of Guilford charm. Bright and airy this home has been meticulously cared for under the watchful eye of the current owners for over 30 years. The Main level boasts gleaming hardwood floors, living room w/ wood burning fireplace & access to the tranquil front porch, kitchen w/breakfast nook, a dining room, mud room w/ pantry, and a powder room complete this level. The upper levels provide 6 bedrooms & 3 full baths including the primary suite and a screened balcony that overlooks the beautifully landscaped backyard. The lower level contributes ample storage, laundry, and bonus finished space. The outdoor areas leave nothing to be desired from the front and entry porches wonderful spots for morning coffee or a good book to the back patio w/ fish pond and level back yard a fantastic space for entertaining & BBQing. Updates & upkeep include: House roof (slate) 2012; Garage roof (slate) 5/2023; Front porch roof (copper) 2013; front veranda (asphalt) 1995; HVAC 2001; AC upstairs air handler and condenser replace 6/2019, Gas fired boiler 2010; 40 gal indirect water heater replaced 6/2020
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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 10, 2024 | Sold | ||
| Sold | |||
| Jun 17, 2024 | In contract | - | |
| In contract | |||
| Jun 6, 2024 | Listed by AB & Co Realtors, Inc. | $649,900 | |
| Listed by AB & Co Realtors, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017