416 HILL AVE
About This Property
The heart of the home is the gorgeous gourmet kitchen. a true showstopper! It boasts quartz countertops, beautiful 42-inch cabinetry with soft-close features, and an extended island that's perfect for meal prep, casual dining, or hosting guests. And with top-of-the-line Cafe appliances, you'll feel like a professional chef every time you step inside.
On the second floor you'll find two charming secondary bedrooms. perfect for family, guests, or a home office. The convenient laundry room is a huge time-saver, keeping chores easy and efficient. The spacious primary bedroom features a soaring vaulted ceiling that adds an extra touch of elegance and tranquility.
Downstairs, you'll discover a finished basement-a rare find in this area-giving you plenty of extra space for a home office, game room, or gym. Outside, enjoy the privacy of your fenced-in backyard, perfect for weekend BBQs, gardening, or letting the pets run free.
With its newer construction, prime location, and unbeatable features, this home is move-in ready and waiting for you!
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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 |
|---|---|---|---|
| Nov 26, 2024 | Sold | ||
| Sold | |||
| Oct 10, 2024 | In contract | - | |
| In contract | |||
| Oct 3, 2024 | Listed by Real Broker, LLC | $355,000 | |
| Listed by Real Broker, LLC | |||
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About Runnemede
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017