34343 STEEPLE CHASE Way
About This Property
The heart of the home is the kitchen, featuring a stunning waterfall quartz island and a spacious walk-in pantry complete with cabinets. The laundry room is designed for efficiency, offering a sink, cabinets, and a dedicated folding area. The open-concept living area is highlighted by a gas fireplace and beautiful wood beams adorning the vaulted ceiling, creating a warm and inviting atmosphere. The master suite offers a touch of luxury with a tray ceiling, a glass-enclosed shower, and a freestanding tub in the bathroom. Outdoor living is enhanced by expansive front and back porches, perfect for soaking in the tranquil surroundings. The property also boasts a substantial 50x54 metal building with 16-foot sides, spray foam insulation, half bath and electrical service. This metal building offers a flexible and adaptable space that can meet a variety of needs, whether you're looking for additional storage, a business workshop, or extra living space. The structure can potentially be built out to accommodate two stories, providing even more space for customization. Additional features include durable vinyl plank flooring throughout, ample cabinet storage, and recessed lighting. For those looking for extra space, there is an option to add a 250-square-foot bonus room above the garage, with the potential for the builder to construct stairs for easy access. This property is an exceptional opportunity for those seeking modern comforts amidst the peace and beauty of Tupelo Plantation.
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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 |
|---|---|---|---|
| May 5, 2025 | Sold | ||
| Sold | |||
| Mar 11, 2025 | In contract | - | |
| In contract | |||
| Feb 19, 2025 | Price Decreased |
$949,000
↓ $10K
(1%) | |
| Price Decreased | |||
| Jan 20, 2025 | Price Decreased |
$959,000
↓ $20K
(2%) | |
| Price Decreased | |||
| Jan 1, 2025 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017