458 RICHARDS ROAD
About This Property
Nestled on a spacious .62-acre lot, this Cape Cod-style gem boasts timeless charm and modern comforts. This home offers three bedrooms, with two conveniently located on the main level and one additional room upstairs, and a bonus room, providing versatile living arrangements. The main level includes a full bath, beautiful hardwood floors, a generous living room, an eat-in kitchen, and a formal dining room.
Additional highlights include a large loft/bonus space upstairs, a newer roof, and a heater installed within the last four years. The home has been recently updated and features low taxes, making it an attractive and cost-effective option for homebuyers. Outside, the property boasts a two-car detached garage and a full basement, offering ample storage space. The expansive yard provides plenty of room for outdoor activities and gardening. Don't miss the chance to own a piece of yesteryear charm with all the conveniences of today in Deerfield Township.
Sellers have already obtained Certificate of Occupancy and completed a Septic Inspection with a passing hydraulic load test.
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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 |
|---|---|---|---|
| May 9, 2025 | Sold | ||
| Sold | |||
| Mar 5, 2025 | In contract | - | |
| In contract | |||
| Nov 8, 2024 | Listed by Exit Homestead Realty Professionals | $289,900 | |
| Listed by Exit Homestead Realty Professionals | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017