3424 Serendipity Hills Trail
About This Property
waterfalls, wildlife sanctuary, raised vegetable beds and fruit trees invite butterflies and hummingbirds right to your windows. Open chef's kitchen features double ovens, granite counters, an eat-in breakfast area, and a walk-in pantry. Primary bedroom boasts a large shower, jetted tub, and custom closet. Also downstairs you will find a guestroom and full bath. 3 car garage equipped with epoxy floors and built-in cabinets. Tractor is negotiable. Both water heaters are less than 1-year-old. Did not lose power during the winter storm! Come make this your home sweet home!
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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%.
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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.
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 |
|---|---|---|---|
| Sep 15, 2023 | Sold | ||
| Sold | |||
| Aug 11, 2023 | Listed by Nada Homes | $799,900 | |
| Listed by Nada Homes | |||
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This incredibly hard to come by property in Corinth sits on almost 1.7 acres. Lush greenery surrounds this fully updated custom home, set near enough to I35 for a quick commute and all of the conveniences, but far enough for peace and quiet. Every inch has been made over by a private designer and it shows. Step into a beautiful and functional open concept space. The kitchen features quartz countertops, high end built in new appliances, custom cabinets, gas range and custom hood, and an eat in island. Designer lighting, vaulted beamed ceilings, wainscoting, plantation shutters, and custom carpentry feature walls are just a few of the stand out items. The dreamy master bedroom has the prettiest views out into the back yard, and the master bath has all the space you'll need, with a massive walk in shower, separate vanities, and plenty of storage space. Step out back onto the covered porch area with a fire pit. A small yard is fenced in, but opens up to the vast acreage behind it.
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| Oct 22, 2021 | Sold | ||
| Sold | |||
| Sep 16, 2021 | Listed by Redfin Corporation | $675,000 | |
| Listed by Redfin Corporation | |||
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About Serendipity Hills
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Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14671454
Details provided by NTREIS and may not match the public record
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017