1
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40492 Clark Drive
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 |
|---|---|---|---|
| Mar 2, 2022 | No longer available | - | |
| No longer available | |||
| Feb 2, 2022 | In contract | - | |
| In contract | |||
| Feb 2, 2022 | Price Increased |
$450,000
↑ $45K
(11.1%) | |
| Price Increased | |||
| Jan 18, 2022 | Listed by Better Homes and Gardens Real Estate Vogler Feigen | $405,000 | |
| Listed by Better Homes and Gardens Real Estate Vogler Feigen | |||
| | |||
|
This four bedroom two bath corner lot home offers features that will appeal to most buyers, as well as multi generational families looking for a home.The addition of an approximately 600 sq ft loft (not permitted) that features a living and bedroom area and provides space and privacy for extended family or visiting friends. The living room offers a fireplace for cozy winter evenings and newer carpet, the galley kitchen is centrally located for ease of access to dining, living and family rooms. Interior upgrades include: ceiling fans throughout, whole house fan, evaporative cooler, mirrored wardrobe doors in the master, newer dimensional shingle roof, and built in Bosc speaker system. Generous bedrooms, ample storage and an indoor laundry room are benefits everyone appreciates, pocket doors help separate rooms for different activities.Every bit of this generous corner lot is designed to accommodate your lifestyle, with a pool, lawn area, fruit trees and ample patio areas to enjoy. The 3 car drive thru garage is accessible from the side of the property, extra wide driveway offers space for 4 cars to park. There is RV parking on both sides of the property. A free standing two room office with it's own HVAC system lends itself to a myriad of uses; home office, studio, granny flat, etc., the covered breezeway with it's own gate provides separate access to the office without having to go thru the house. Car hobbyists will love the over sized garage with one drive thru bay, ample cabinetry and work bench. Next to the secondary RV parking is a 10 X 20 barn shed with 110 electricity.Speaking of electricity, did a I mention the leased solar system which will save you money on your power bills? The L shaped wrap around patio overlooks the engineered wood deck that surrounds the sparkling pool and provides space to lounge on sunny afternoons. The patio slider off the dining room will inspire you to dine al fresco and enjoy the balmy weather. Low taxes and no HOA, close to schools and shopping. The manager has listed the unit size as 2000 square feet.
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| Dec 11, 2017 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017