485 Marion Oaks Pass
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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 |
|---|---|---|---|
| Apr 10, 2024 | Sold | ||
| Sold | |||
| Feb 25, 2024 | In contract | - | |
| In contract | |||
| Feb 17, 2024 | Price Decreased |
$319,777
↓ $5K
(1.5%) | |
| Price Decreased | |||
| Jan 6, 2024 | Price Decreased |
$324,777
↓ $25K
(7.2%) | |
| Price Decreased | |||
| Dec 14, 2023 | Listed by MARK SPAIN REAL ESTATE | $349,777 | |
| Listed by MARK SPAIN REAL ESTATE | |||
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PRICE IMPROVEMENT, SELLER SAYS SELL! ONE OF THE BEST VALUES IN THE AREA, PRICED BELOW ORIGINAL PURCHASE PRICE AND THE SELLER IS OFFERING A $5000 CREDIT TOWARDS CLOSING COSTS OR A POSSIBLE INTEREST RATE BUY DOWN! This stunning, nearly new home built in 2022 boasts generous upgrades throughout its spacious 2079 Sq. Ft. with NO HOA! Featuring 4 bedrooms, 2 baths, and a 2-car garage with a covered rear lanai, it embodies both comfort and style and you’ll never have any rear neighbors as the property behind the house is county owned. Step onto new LVP flooring in the main living areas, leading to a chef's dream kitchen with a sprawling island, adorned with Ceramic Tile countertops, an exquisite custom backsplash, Stainless Steel appliances and a plethora of real wood cabinets. Fresh interior paint in a satin finish brightens the space, complemented by all-new ceiling fans in the bedrooms and living room. Enjoy the added perks of always having good, clean water with your whole house water filtration system, and your irrigation system to keep your lawn nice and green, ensuring convenience and efficiency. Your master suite is a private sanctuary in this split plan house, offering dual closets, a garden soaking tub, a walk-in shower, and a captivating beach scene mural adorning the master bath. The home is made complete with an inside laundry room, with additional storage adding practicality to this beautifully upgraded residence. Why buy new and have the additional expense of having to do all the upgrades yourself? Enjoy your next chapter in this gem of a property in Marion Oaks which features an additional option if you choose, a community center where you can enjoy amenities like community events, pickleball and basketball courts, a fitness center and a splash pad. Don’t miss your chance to see this exquisite property before it’s gone, book your showing today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017