24
Map
4948 SNOWY REACH
About This Property
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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%.
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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.
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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 24, 2024 | Sold | ||
| Sold | |||
| Feb 21, 2024 | In contract | - | |
| In contract | |||
| Feb 16, 2024 | Listed by Keller Williams Realty Centre | $475,000 | |
| Listed by Keller Williams Realty Centre | |||
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Phenomenal opportunity is an understatement for this location, this property hasn't been on the market in 50 years. This secluded Running Brook Colonial is a short stroll from Centennial Park, a quick drive to the town center and sits on a beautiful landscaped cul-de-sac. As a well lived home, it is ripe to be a 'fix and flip' or lovingly renovated to establish your own home. Exterior pictures reflect a need for a full cosmetic rehab of the interior. The roof, HVAC, siding and front first floor windows could be replaced too. The main level was configured to suit 'mother-in-law' bedroom, and can be changed back to a traditional Colonial floor plan easily. The ultimate potential here is incredible and this prime location can't be stressed enough! Due to limitations with showings, they will be one day only on Saturday, February 17th, from 9-5. Offer deadline of Tuesday February 20th at 12pm. Home is being sold strictly AS IS. Seller desires a free rent back thru beginning of May.
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Property Highlights
Building Info
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Price/ft²
Listed On
Sold On
About Columbia
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017