32111 Serene DRIVE
About This Property
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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 |
|---|---|---|---|
| Oct 17, 2023 | Sold | ||
| Sold | |||
| Sep 8, 2023 | No longer available | - | |
| No longer available | |||
| Aug 27, 2023 | In contract | - | |
| In contract | |||
| Jun 17, 2023 | Listed by William Raveis Real Estate | $1,500,000 | |
| Listed by William Raveis Real Estate | |||
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Under contract-accepting backup offers. NATURE LOVERS PARADISE!! Amazing property with privacy and nature galore!! Spectacular water views with over 31 wooded acres and 2000+ feet of waterfront along Shell Creek. This property is the ideal compound for large groups to share and use. The main structure on the property consists of a split-style home, with each wing having its own full kitchen, living space, and bedrooms. One side of the house consists of three bedrooms, three full baths. The second part of the home contains one bedroom, a secondary room (bedroom), one full bath, and elevator. The house can also be used as one large home with a connecting door. Between the home's two wings is a large lanai with a swimming pool and spa. The property consists of multiple deeded parcels for a total of 31.37 acres. In addition to the ample living space, there is a 2-car attached garage and a 2-car detached garage. Plus, a large 4-car detached garage/extra building for plenty of storage. This building could have multiple use options. This property boasts a lot of privacy and natural beauty but has quick and easy access to I-75 and area amenities, shopping, restaurants, and the airport! The manager has listed the unit size as 3374 square feet.
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| May 4, 2023 | Listed by WILLIAM RAVEIS REAL ESTATE | $1,500,000 | |
| Listed by WILLIAM RAVEIS REAL ESTATE | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017