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3453 Rosemary Avenue
About This Property
The spacious living room features a fireplace, an arched entry which leads you to the formal dining. You will love the large eat in kitchen with garden and mountain views. The 3 bedrooms also feature hardwood floors and lots of windows and sunlight. The home features central heating and air throughout.
Enjoy quality time outside whether BBQing or sipping some wine while taking in the serene mountain views.
The over sized garage would make an amazing ADU. Above the garage is a guest room, with plenty of space to expand. There is also an office space at the back of the garage. The large backyard is big enough for a pool or an amazing garden which features avocado, orange and lemon trees.
This special home is located just a few blocks from Historic Old Town Montrose, Shopping, Dining, Starbucks and the Farmer's Market are just a stone's throw away. An amazing home with amazing schools! What more could you ask for? Don't miss out!!
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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 28, 2020 | Sold | ||
| Sold | |||
| Feb 21, 2020 | Listed by Redfin Corporation | $975,000 | |
| Listed by Redfin Corporation | |||
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About Sparr Heights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017