32 PHEASANT DR
About This Property
When you first enter this home, you will see a beautiful two-story foyer with a chandelier hanging down. Hardwood flooring throughout. Kitchen features eating area Corian countertops, custom black splash stainless appliances under counter lighting, build microwave, and recessed lighting. Guest fireplace with remote in the family room along with built in speakers system. Main suite has a sitting area walking in California closets and a spacious bath with Whirlpool tub, double sinks skylight and a separate shower. Create your own office or fifth bedroom on the main level.
Amenities include garage, high-efficiency furnace, custom trim work, intercom, central vac alarm, irrigation system, wired cable, and wireless patch internet system to the house.
Situated in one of the most sought-after neighborhoods, this charming abode offers tranquility and charm. Imagine waking up to the serene view of a BEAUTIFUL POND RIGHT AT YOUR BACKYARD, creating a private oasis just steps from your door. Whether you're unwinding in the sunroom or hosting gatherings in the spacious backyard, every moment in this home feels like a vacation retreat. Mins to Route 295, 38, 70.
Experience the allure of this incredible property and make it your own haven in the heart of this vibrant community. The property is sold as is. The seller is also in the process of having the insurance company replace the roof. People are all using the same insurance company with other houses in the complex. So far there are already 17 of them have their roof replaced due to the storm last June. So the seller will likely get a new roof as well.
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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 |
|---|---|---|---|
| Jul 31, 2024 | Sold | ||
| Sold | |||
| Jun 20, 2024 | In contract | - | |
| In contract | |||
| Jun 12, 2024 | Price Decreased |
$835,000
↓ $13K
(1.5%) | |
| Price Decreased | |||
| Jun 7, 2024 | Price Increased |
$848,000
↑ $3K
(0.4%) | |
| Price Increased | |||
| May 30, 2024 | Listed by Keller Williams Hometown | $845,000 | |
| Listed by Keller Williams Hometown | |||
Property Highlights
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About Burlington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017