323 SOPHIA Terrace
About This Property
Home warranty included! Wind Mitigation Report for new buyer included!
Brand new (never been used) Advantium 5-1 Oven: convection oven, toaster oven, warming/proofing oven, precision cook oven, and microwave.
Palencia's recreational amenities include golf, tennis, three swimming pools, a fitness center, athletic fields, pocket parks as well as a 30-acre park system interconnected by a series of boardwalks, fitness and bike trails.
GE Monogram Advantium Oven - September 2022
New Roof - June 2022 - 10 year transferable warranty
New Tankless Gas Water Heaters (2) - August 2022
New Well pump for irrigation - April 2022
ACs - April 2020 and November 2020
Dishwasher - April 2020
Water Softener - April 2020
GE Monogram 48" Gas Range and Hood - March 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 |
|---|---|---|---|
| Oct 25, 2022 | Sold | ||
| Sold | |||
| May 6, 2022 | Listed by BARBARA B JENNESS PA | $1,000,000 | |
| Listed by BARBARA B JENNESS PA | |||
| Sep 22, 2019 | No longer available | - | |
| No longer available | |||
| Sep 19, 2019 | Sold | ||
| Sold | |||
| Jul 16, 2019 | Listed by BARBARA B JENNESS PA | $425,600 | |
| Listed by BARBARA B JENNESS PA | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017