393 Barbee Road
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%.
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 |
|---|---|---|---|
| Oct 8, 2024 | Sold | ||
| Sold | |||
| May 17, 2024 | Listed by Compass -- Raleigh | $3,995,000 | |
| Listed by Compass -- Raleigh | |||
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Truly a one of kind gated oasis on 2.15 acres! California dreaming comes to mind with this rare ranch home with a basement, amazing space to entertain, 14+ height ceilings, dramatic fireplace and ceiling treatment in great room, for the chef, an incredible kitchen offering JennAir gas cooktop, double oven, drawer microwave, built-in refrigerator, walk in pantry, dining area with wine nook, light and airy decor, quartz countertops, Owner suite invites you into relax away the day's work, intricate trey ceiling, resort style bath, Large shower with waterfall tile cascade design, phenomenal closet space, Home boasts 5 bedrooms, 6.5 baths, several flex spaces, office, basement. Perfect for billiard's, ping pong, air hockey, wet bar, theatre, endless storage, one of the best features of this home is the walk out to your covered lanai and the salt water pool from the main floor, barbecue on your outdoor kitchen while enjoying your favorite beverage and company! After dinner head down to the firepit to roast some marshmallows for s'mores. This private backyard backs up to trees and provides a gorgeous backdrop to view the evening stars. Large concrete pad great for pickle ball or outdoor space for play, lush landscaping, Bermuda grass, 3 car garage, epoxied coated, 4th garage door on back of garage allows easy access to tools and garden equipment, pre-wired for whole house generator, the best part is it is only 6 minutes to grocery and shopping, 7 minutes to 540! Low taxes and no HOA.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017