35 Cree Path
About This Property
Nestled on two large lots totaling 1.36 acres. In 2010 the home was added onto and completely renovated with new
plumbing and electrical. The interior has an open concept design with vaulted ceilings and a cozy living room with a woodburning stove. The spacious master bedroom includes an en-suite 3/4 bath. The well-equipped kitchen features a newer
refrigerator, newer electric range, built-in microwave with convection oven, and dishwasher. A utility room comes complete
with a washer and dryer, and an extra refrigerator is included in the pantry. Outside, you can relax on the front deck or
enjoy the backyard, which includes a 3-car heated garage. The home has a durable metal roof installed in 2010, a recently
replaced pressure tank, and a well and septic system currently being cleaned and pumped. The exterior was freshly painted
in Fall 2023. Additional amenities include a boatshed, perfect for storage as you head out for a day of fishing at the fantastic
reservoir just 2 miles down the road at 11 Mile Reservoir. Don't miss this opportunity to own a beautifully maintained home
in a great community!
Payment Calculator
Your Estimated Monthly Payment
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 30, 2025 | Sold | ||
| Sold | |||
| Apr 15, 2025 | In contract | - | |
| In contract | |||
| Oct 28, 2024 | Relisted | $470,000 | |
| Relisted | |||
| Oct 25, 2024 | In contract | - | |
| In contract | |||
| Jul 15, 2024 | Listed | $470,000 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017