45361 AMERICAN DREAM Drive
About This Property
The modern kitchen boasts a breakfast bar and stainless steel appliances, ideal for culinary enthusiasts. Step through the sliders to the screened lanai, an ideal space for enjoying the tranquil surroundings. The home operates on a well and septic tank system, ensuring self-sufficiency and lower utility costs.
The primary suite is a true retreat, showcasing a tray ceiling and an abundance of natural light. The en-suite bathroom is luxuriously appointed with double sinks, a soaking tub, and a walk-in shower. Stone accents enhance the elegance of this space. An oversized closet provides ample storage, completing this exquisite primary suite.
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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 |
|---|---|---|---|
| Jan 27, 2025 | Sold | ||
| Sold | |||
| Oct 15, 2024 | In contract | - | |
| In contract | |||
| Sep 19, 2024 | Relisted | $490,000 | |
| Relisted | |||
| Sep 12, 2024 | No longer available | - | |
| No longer available | |||
| Aug 24, 2024 | Price Decreased |
$490,000
↓ $10K
(2%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017