3290 SE Cambridge Drive
About This Property
This 3 bedroom, 2 bathroom home provides a versatile living space along with a spacious 1.5 car garage. Features include over 2100+ square feet of air conditioned living, kitchen and breakfast nook with scenic golf course views and soaring volume ceilings for an open and airy feel. Recent upgrades: Fresh interior and exterior paint, Luxury vinyl flooring, New carpets in the main and secondary bedroom, Plantation shutters, Master bathroom with resurfaced Roman tub, stylish walk-in shower and new bathroom fixtures, New kitchen appliances, refaced cabinets, and a trendy tile back-splash. All new landscaping and lighting sets the stage for you to immerse yourself in the tranquility of golf course living while relishing the luxurious updates that make this house a true gem. Buyer's are required to pay $40,000 initial capital contribution to Willoughby Golf Club at closing.
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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 |
|---|---|---|---|
| Apr 26, 2024 | Sold | ||
| Sold | |||
| Jan 11, 2024 | Listed by Water Pointe Realty Group | $525,000 | |
| Listed by Water Pointe Realty Group | |||
| Apr 14, 2021 | Sold | ||
| Sold | |||
| Nov 7, 2020 | Listed by Water Pointe Realty Group | $269,900 | |
| Listed by Water Pointe Realty Group | |||
| Sep 3, 1992 | Sold | ||
| Sold | |||
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About Martin
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017