38738 Centennial ROAD
About This Property
Upon entering, you'll be greeted by a spacious living/dining room filled with natural light from multiple windows. To the left, you'll find the first bedroom featuring an attached bathroom with a shower-tub combo and a walk-in closet, providing ample storage space.
The kitchen, located just off the living room, boasts plenty of cabinet space and a delightful view of the lanai. The primary bedroom is tucked away on the right side of the home, offering privacy and tranquility. It features a walk-in closet, an attached master bathroom with a stand-up shower, and direct access to the Florida room/lanai through sliding glass doors.
The expansive lanai, fully enclosed and equipped with a ceiling fan, can also be accessed from the living room through & the Primary Bedroom, creating a seamless indoor-outdoor living experience.
Convenience is key with the attached 2-car garage, accessible from the hallway on the right side of the home, complete with a carport extension that can accommodate an additional two cars. The long driveway provides even more parking opportunities. Additionally, there's a carport behind the house with an attached shed/workshop.
Centennial Elementary School and Centennial Middle School are just a short walk down the road from the home.
This home had its roof replaced in 2012 and is conveniently close to shopping and dining, with the added benefit of no HOA or CDD fees. Don't miss out on this wonderful opportunity to own a piece of paradise.
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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 |
|---|---|---|---|
| Jul 16, 2024 | Sold | ||
| Sold | |||
| Jun 13, 2024 | In contract | - | |
| In contract | |||
| Jun 11, 2024 | Relisted | $325,000 | |
| Relisted | |||
| Jun 4, 2024 | In contract | - | |
| In contract | |||
| May 31, 2024 | Listed by EXP REALTY, LLC | $325,000 | |
| Listed by EXP REALTY, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017