4094 SE 38th LOOP
About This Property
This home features 14' ceilings with crown molding, ceramic tile, granite countertops and top end cabinets throughout. The home is open and spacious with a voluminous pool deck that offers so many possibilities. The family room opens to an oversized porch, pool and hot-tub where you can sit and relax or entertain guests. The bedrooms are oversized with walk-in closets and plenty of room to relax.
If you love to cook, you will love this kitchen. It comes with plenty of room for storage, entertainment and cooking. With a beautiful island, wine bar and ice-maker, you will find yourself at home in this kitchen. The custom, walk-in pantry is as pretty as a bedroom closet and will allow you to store enough food for an army.
This home also has indoor laundry, an oversized garage, spacious office, formal dining and many other upgrades.
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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 |
|---|---|---|---|
| Jun 29, 2021 | Sold | ||
| Sold | |||
| Feb 26, 2021 | Listed by VISIONARY PROPERTIES INC | $515,000 | |
| Listed by VISIONARY PROPERTIES INC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017