4109 TEKLEN DR
About This Property
The finished lower level features an open and airy recreation room that's accented with a beautiful brick wall with a wood burning fireplace, wet bar, media area, and a walk-out sliding door to the backyard. There's a finished bonus room that would make a great hobby/craft/storage space. The laundry room is complete with shelving for storage and space for a folding table. The workbench in the utility room will convey and there's storage space under the stairs. Outside enjoy the serene views of the pond and horse pasture on the neighbor's farm from the expansive rear deck that provides plenty of space for grilling, dining, relaxing or entertaining! Plenty of space and sunshine for gardening. This property offers the best of country living in a peaceful setting that's conveniently located near commuter routes, shopping, dining, parks, wineries, breweries and more. Winfield Elementary and South Carroll High School are less than 2 miles away.
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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 22, 2024 | Sold | ||
| Sold | |||
| Feb 22, 2024 | In contract | - | |
| In contract | |||
| Feb 16, 2024 | Listed by Viviano Realty | $549,900 | |
| Listed by Viviano Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017