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3947 Saint Armens Circle
About This Property
Beautifully renovated 3 bedroom, 2.5 bathroom screened in pool home on the water! This home has it all and is a must see. Complete recent high-end gourmet kitchen renovation no expense was spared.
Giant center island plus a bonus second movable island, gas stove and stainless appliances with stunning quartz countertops. Oversized primary bedroom and two additional large guest bedrooms. Renovated bathrooms, newer roof 2021 , HVAC 5 years, water heater is leased, Hurricane impact windows and garage door. Home also has a whole home generator! The screened pool with paver deck is perfect place to enjoy those summer days or enjoy the amazing water views. This home is in the desirable East Bay Planation community located a short drive from plenty of shopping, restaurants, the King Center, Wickham park & short drive from our beautiful river and beaches. Schedule your appointment today. Seller is motivated says bring us an offer to talk about
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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 1, 2024 | Sold | ||
| Sold | |||
| Jun 2, 2024 | In contract | - | |
| In contract | |||
| May 8, 2024 | Price Decreased |
$575,900
↓ $24K
(4%) | |
| Price Decreased | |||
| Apr 18, 2024 | Price Decreased |
$599,900
↓ $10K
(1.7%) | |
| Price Decreased | |||
| Mar 14, 2024 | Listed by Real Broker, LLC | $610,000 | |
| Listed by Real Broker, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017