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3910 MINDEN ROAD
About This Property
Each bathroom has been recently updated with a clean and contemporary aesthetic. The primary bedroom has a spacious layout, ample closet space, and an en suite bathroom. The large, finished walkout basement presents a versatile space comprising a family room, bedroom, bonus room, full bathroom, and a fully equipped kitchen. The basement kitchen rivals its main-level counterpart with updated cabinets and a stunning granite countertop. Adjacent to the kitchen, you'll find a convenient laundry room furnished with a new Speed Queen washer and GE dryer.
Outside, the property boasts a large, fenced backyard, perfect for hosting outdoor gatherings and providing a tranquil retreat. The shed can be used for extra storage or as a work room. Ample parking space is available with a driveway that extends from the front to the back of the property, a rarity in this community. Offering modern amenities and abundant space, this property combines comfort and style, providing an inviting and enjoyable living experience.
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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 27, 2023 | Sold | ||
| Sold | |||
| Jul 19, 2023 | In contract | - | |
| In contract | |||
| Jul 13, 2023 | Listed by Weichert, REALTORS | $499,000 | |
| Listed by Weichert, REALTORS | |||
Property Highlights
Building Info
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Price/ft²
Listed On
Sold On
About Wheaton - Glenmont
Similar Homes for Sale
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$4,500 /mo
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$3,900 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017