3636 Armida Drive
About This Property
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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 |
|---|---|---|---|
| Dec 3, 2024 | Sold | ||
| Sold | |||
| Nov 4, 2024 | In contract | - | |
| In contract | |||
| Oct 25, 2024 | Listed by Coldwell Banker HPW | $510,000 | |
| Listed by Coldwell Banker HPW | |||
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Immaculate custom home on an acre that lives like a ranch with a 4th bedroom, 3rd full bathroom and bonus upstairs. Community allows parking a boat or RV on the oversized driveway with RV charging outlet. Beautiful oak hardwoods on main level and cathedral ceiling above the family room. You can be creative with the layout in the family room as you have a ton of space. It features a beautiful stone hearth highlighting the natural gas fireplace. You'll appreciate the cooks kitchen with 42'' cabinets, granite countertops, tile backsplash, a huge island, loads of cabinet space, and stainless appliances! The primary suite is situated in the rear of the house for privacy accented by a trey ceiling and a bath to swoon over! Dual vanities with granite counters, jetted soaking tub, separate shower plus a walk-in closet. Designer tile choices in large format finish the space! The other two bedrooms on the 1st floor offer you plenty of opportunities depending on your needs.
The second floor is perfect for an in-law or teen suite with full bathroom. The bonus room is a free gift because the average ceiling height is less than 7 feet, so it's not included in the square footage. It can be used as a bonus room, office, or storage. The huge screened porch might be your favorite spot in the house, surrounded by the large, fenced backyard. It leads to an oversized deck perfect for grilling and entertaining. The oversized garage has a large platform installed at the back that is perfect for storage. The shed offers plenty of storage space as well. The natural gas powered generator will make you the envy of the neighbors should the community lose power.
Architectural shingle roof replaced 2014, both HVAC units replaced 2014, tankless water heater installed 2013. Priced to sell under the assessed value.
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| Oct 1, 2015 | Sold | ||
| Sold | |||
| Jul 27, 2015 | Listed by Keller Williams Realty | $270,000 | |
| Listed by Keller Williams Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017