325 CR 389
About This Property
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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%.
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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.
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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 |
|---|---|---|---|
| Feb 29, 2024 | Sold | ||
| Sold | |||
| Jul 24, 2023 | Listed by Haby Realty | $549,000 | |
| Listed by Haby Realty | |||
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Three's are wild! Stately 3 bed/3 bath home with a 3 car attached garage and detached 3 car shed on 3 acres! 2688 sq. ft living per MCAD. This home sits on a corner lot. There is a fenced rear yard with an inground pool with depths to 6'. The kitchen and breakfast area were remodeled with custom cabinets featuring soft close drawers and doors and pull out shelving and quartz solid counter tops. There is also a new stainless steel farmhouse type sink. The flooring is Oak hardwood, ceramic tile and carpet. The room layout includes a formal dining, office and breakfast area. The dining area could double as a family room as the breakfast area will hold a large table. The kitchen also has a breakfast bar with chairs. Lots of options here. The home also features an abundance of windows to let in natural light. The ceilings vary from 9 to 10 feet. The home has upgraded hard cast Air conditioning duct work. The primary suite features a romantic, wood burning fireplace, outside access to the side porch, a large garden tub, separate shower and a granite, dual sink vanity, two walk in closets and access to the rear covered patio through the utility room. The side entry garage is accessed via a side entrance, electric gate. The garage has a whole house type of vent and 220 volt and 110 volt electric drops for tools. Also there is a door leading to the rear yard area. The exterior of the home features a large 8' wide covered front and side porch and a large covered rear patio overlooking the inground pool. This pool slopes to a depth of 6' at its deepest. The roof is a 50 year composition Duration brand replaced in 2021. There are 2 exterior buildings, one 8x12 storage shed and a 24 x 24 metal, three sides enclosed building with potential as a workshop area. The home has a gutters around the home that are attached to an above ground rainwater catchment, concrete tank. Why let the rain water run away when you can capture it to use in your raised bed gardens?
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| Nov 11, 2013 | Sold | ||
| Sold | |||
| May 13, 2013 | Listed by Keller Williams Legacy | $289,900 | |
| Listed by Keller Williams Legacy | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017