405 TWELVTH Street
About This Property
The low maintenance home has a unique relaxed floorplan that showcases pride of ownership and a high standard of construction. The design boasts three or four bedrooms, 2 full and 1/2 bathrooms, a multitude of storage options for gear, seasonal clothing, and wine. Two of the three second floor bedrooms can be used as guest rooms or home offices. The expansive third bedroom has a sun porch. The large open floor plan is drenched with natural light. THIS IS A MUST SEE FEATURES: *METAL ROOF, * EXTENDED LENGTH GARAGE, *WORKSHOP, *XERISCAPED YARD WITH TROPICAL & FRUIT TREES, *HAIKU CEILING FANS, *RIVER- RECOVERED HEART PINE FLOORS,*HONED GRANITE COUNTERS *SPLIT BAMBOO/CHERRY CABINETRY, *WOLF GAS RANGE, *BOSCH DISHWASHER, *SHARP DRAWER MICROWAVE, *WHOLE HOUSE WATER FILTRATION SYSTEM, *U-LINE WINE COOLER, *RENNAI TANKLESS GAS WATER HEATER, *GE PROFILE REFRIGERATOR *SECURITY SYSTEM, *OWNED PROPANE TANK, *BOSCH FRONT LOAD WASHER/DRYER, *LOW VOLTAGE LANDSCAPE LIGHTSCAPE LIGHTING, *ROOM FOR POOL *FURNISHINGS NEGOTIABLE.
PREVIOUS BUYER BACKED OUT DECIDED NOT TO MOVE TO FLORIDA.
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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 31, 2023 | Sold | ||
| Sold | |||
| Nov 25, 2022 | Listed by eXp REALTY LLC | $1,197,000 | |
| Listed by eXp REALTY LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017