38 INVERNESS DR
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 |
|---|---|---|---|
| Jan 30, 2024 | Sold | ||
| Sold | |||
| Jan 12, 2024 | In contract | - | |
| In contract | |||
| Jan 7, 2024 | No longer available | - | |
| No longer available | |||
| Dec 20, 2023 | Listed by Prominent Properties Sotheby's International Rlty | $515,000 | |
| Listed by Prominent Properties Sotheby's International Rlty | |||
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Welcome to this beautifully UPDATED corner lot property with full length front porch w/sitting area, nestled in one of Delrans most sought-after neighborhoods, The Grande!! This stunning home has been meticulously renovated, showcasing a brand new open concept kitchen equipped with all stainless steel appliances, gorgeous white cabinets and beautiful light granite counter tops setting the standard for modern elegance and convenience. The first floor boasts new flooring throughout, enhancing the contemporary feel of the space. Elegantly designed, the great room adjoins the kitchen, forming a cohesive and inviting space ideal for gatherings. Its placement allows for effortless interaction between those preparing meals and those enjoying the comforts of the living area.
An updated powder room adds to the home’s functional layout, perfect for guests. The heart of the home is the living room, where a cozy fireplace creates a warm and inviting atmosphere, ideal for relaxing and quiet days. Enhancing this harmonious layout, sliding glass doors open from the great room onto the patio, offering a seamless transition to the splendid backyard. This thoughtful design not only maximizes convenience but also enriches the home with an abundance of natural light and a sense of openness, perfect for both quiet moments and grand entertaining. The first floor also has ALL NEW WINDOWS! All the flooring and carpets in the entire home have been replaced!
Ascend to the upper level, where you will find an incredible Primary EnSuite with updated full bath and soaking tub and three additional spacious bedrooms, offering ample space for guests, or a home office. The lower level of this home has been transformed into a finished, versatile space that is a delight for all. It’s the perfect setting for game night, a home theater, or a play area. This multi-functional space adds an extra layer of enjoyment to the home.
Step outside to discover a private backyard oasis that promises serenity and beauty in all four seasons. This outdoor retreat is an ideal backdrop for quiet mornings, lively barbecues, or simply soaking in the natural surroundings. This corner lot gem combines the tranquility of a desirable neighborhood with the convenience of modern updates, making it a truly exceptional place to call home. TONS OF UPGRADES INCLUDING HVAC THAT WAS REPLACED LESS THAN TWO YEARS AGO!!
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| Sep 28, 2012 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017