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3652 Cerulean WAY
About This Property
Upstairs, you'll find a spacious loft area perfect for a second living room, playroom, or home theater. The huge primary suite offers a peaceful retreat, featuring a luxurious bathroom with a separate shower and soaking tub, providing the ultimate space to relax. Additionally, there are three generously sized bedrooms, each offering plenty of space and flexibility for family or guests.
Since purchasing in 2019, the current homeowners have meticulously cared for the property, replacing the air conditioner, furnace, water heater, and roof for added peace of mind. They've also remodeled the upstairs guest bathroom and enhanced the living room with beautiful new stonework on the fireplace. With quick access to major highways, commuting is a breeze, while you'll enjoy the tranquil setting of this charming neighborhood. Don't miss this incredible opportunity to own a home in Mayfield Ranch!
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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 |
|---|---|---|---|
| Nov 10, 2024 | In contract | - | |
| In contract | |||
| Oct 25, 2024 | Price Decreased |
$480,000
↓ $20K
(4%) | |
| Price Decreased | |||
| Oct 17, 2024 | Listed by eXp Realty, LLC | $500,000 | |
| Listed by eXp Realty, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017