3939 COVE RD
About This Property
As you step inside the home, you'll be greeted by an inviting and open floor plan showered in natural light, creating a warm and comforting space. Following a large renovation in 2019, this home boasts modern upgrades, including stainless steel appliances, luxurious granite countertops, and a sleek island that elevate both functionality and style in the kitchen. All bathrooms have undergone updates, to include new flooring, vanities, fixtures, and toilets, ensuring a contemporary elegance.
With three bedrooms and two full bathrooms, this home offers abundant space for comfortable living. The masterfully designed layout seamlessly combines practicality with comfort. Enjoy the luxury of having an en suite bathroom in the master bedroom!
Outside, an expansive deck, makes its way down to the oversized backyard offering an idyllic setting for outdoor dining and entertaining beneath the sun. Enclosed with a fully fenced yard, privacy and security ensure a safe place for pets to roam freely and play. You will find plenty of storage space provided under the deck and within the detached garage, enhancing organizational possibilities.
Nestled amidst the backyard is a fire pit, perfect for gatherings on crisp fall evenings.
For enthusiasts of water oriented living, a community dock lies just a brief stroll away, inviting endless opportunities for kayaking, fishing, and relaxing by the water.
Conveniently positioned, this home affords easy access to an array of shopping options, with Lou's Corner Store just a stones throw away. If you're looking for peace and quiet in a water oriented community with the convenience of shopping just minutes away, Ramsey Bay offers an exceptional opportunity to embrace the best of both worlds. Welcome home!
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Cap Rate Calculator
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 |
|---|---|---|---|
| May 10, 2024 | Sold | ||
| Sold | |||
| Apr 10, 2024 | In contract | - | |
| In contract | |||
| Apr 4, 2024 | Price Decreased |
$429,000
↓ $30K
(6.5%) | |
| Price Decreased | |||
| Mar 30, 2024 | In contract | - | |
| In contract | |||
| Mar 28, 2024 | Listed by Berkshire Hathaway HomeServices PenFed Realty | $459,000 | |
| Listed by Berkshire Hathaway HomeServices PenFed Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017