4584 Scarlet Drive
About This Property
The inviting backyard is ideal for hosting gatherings year round. Splish! Splash! Installed in 2022, is a brand new above-ground pool with a gorgeous brand new deck surround that the current owners are heartbroken to leave. One of the great things about this neighborhood is that it has underground utilities and no HOA, so you can truly make your house your own. Some other notable features of the property include a metal roof, a 2019 HVAC, a gas line for grilling outside, a private wooded area behind the house, an outdoor shed with A/C, no popcorn ceilings, a gas fireplace, and beautiful mature landscaping with palm trees. All this and you also get a spacious driveway with plenty of room for parking your recreational vehicles or all your guests' cars. It's Pool Time!
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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 |
|---|---|---|---|
| Jul 25, 2023 | Sold | ||
| Sold | |||
| Jun 16, 2023 | Listed by Coldwell Banker Realty | $325,000 | |
| Listed by Coldwell Banker Realty | |||
| Dec 1, 2020 | Sold | ||
| Sold | |||
| Oct 12, 2020 | No longer available | - | |
| No longer available | |||
| Oct 8, 2020 | Listed by Coldwell Banker Realty | $245,000 | |
| Listed by Coldwell Banker Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017