405 DELANCO RD
About This Property
The outside of the house boasts a covered front porch where you can relax and enjoy the quiet neighborhood setting around you. The two-car garage and generous driveway can accommodate 6-8 extra parking spaces. When you enter the main house, you are instantly greeted with a spacious living room with lots of natural light and a fireplace that leads into the formal dining room, an eat-in kitchen with an abundance of cabinets and counter space that will make you want to spend time cooking your favorite dishes. The large comfortable family room with French doors leads to a large yard that will make it easy to relax or provide ample entertaining space and a safe space for children and pets to play. The
first floor also boasts beautiful wood flooring, a powder room, a laundry room, an office/den, and access to the two-car garage that will keep vehicles safe from the elements and provide extra storage space. The second floor offers a large primary suite with a luxurious private bath and walk-in closets. The second floor also offers three graciously sized bedrooms with ample closet space, a full hallway bath, a linen closet, and access to the large attic for storage or a playroom for the kids. The extra large inlaw suite has two bedrooms and one and a half baths. Conveniently located close to shopping, restaurants, and major roadways. Schedule your private showing today and discover what this charming, cozy home offers. With some imagination and TLC, you can make this house your home. The property is being sold AS-IS. The buyer is responsible for all inspections, including but not limited to certificate of occupancy and fire inspection. Certain information contained herein is derived from information provided by other parties. All information provided is deemed reliable but is not guaranteed and should be independently verified.
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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 |
|---|---|---|---|
| Sep 22, 2023 | Sold | ||
| Sold | |||
| Aug 10, 2023 | In contract | - | |
| In contract | |||
| Jun 27, 2023 | Price Decreased |
$630,000
↓ $38K
(5.7%) | |
| Price Decreased | |||
| May 25, 2023 | Price Decreased |
$668,000
↓ $32K
(4.6%) | |
| Price Decreased | |||
| Apr 25, 2023 | Listed by Vanguard Realty Group Inc | $700,000 | |
| Listed by Vanguard Realty Group Inc | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017