31431 Verde Mare Drive
About This Property
Property Highlights:
• Single-Story Living: Although featuring a spacious loft, the layout lives comfortably like a single-story home.
• Solar Power: Enjoy the benefits of a fully paid-off solar system, adding efficiency and reducing energy costs.
• 4 Bedrooms & Loft: Includes a versatile loft area with the 4th bedroom, a den, and a private bathroom.
• Custom Finishes: Beautiful crown molding, wainscoting, and a custom-built entertainment center enhance the family room. Custom shutters add
a touch of elegance throughout.
• Modern Upgrades: European oak flooring, upgraded cabinets, and granite countertops complement the stylish design.
• Gourmet Kitchen: Features tile backsplash, quartz island, and stainless steel appliances, perfect for both cooking and entertaining.
• Luxurious Main Suite: Located on the main floor, this spacious retreat includes a barn door, dual vanities, and a large walk-in closet.
• Loft & Guest Retreat: The second-floor loft is ideal for guests, complete with a full bathroom, large bedroom, and bench seating with mirrored
closet doors.
• Outdoor Oasis: Enjoy the low-maintenance backyard with artificial turf, an Alumawood patio cover with fans and light fixtures, and a gas firepit.
A block wall surrounds the yard for privacy, and a shed provides extra storage for garden tools.
• Desirable 3 car garage. Possible RV Parking: Space available for RV parking, offering flexibility for your needs.
• Premium Lot: Situated on a generous 14,810 sq ft lot, offering ample space and privacy.
Located in the desirable Sweetwater Ranch Community, this home is impeccably maintained and shows like a model home!
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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 |
|---|---|---|---|
| Sep 12, 2024 | Sold | ||
| Sold | |||
| Aug 20, 2024 | Listed by Realty ONE Group Southwest | $785,000 | |
| Listed by Realty ONE Group Southwest | |||
Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017