5017 Basalt Ridge Cir
About This Property
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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 13, 2024 | Sold | ||
| Sold | |||
| Apr 3, 2024 | Listed by Milehimodern | $640,000 | |
| Listed by Milehimodern | |||
| | |||
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A bright and airy atmosphere shines throughout this sunlit refuge. Located in the Terrain community, this home welcomes residents with a two-story entryway and open stairwell. Sunlight abounds in the south-facing, open-concept living, dining and kitchen area - the latter of which flaunts granite countertops, updated cabinets and stainless steel appliances, including a 5-burner gas stove. The large walk-in pantry and ample cabinetry provide abundant storage, complemented by an eat-in dining nook with seamless access to the backyard, ideal for entertaining. Retreat to the upper-level bedroom hideaways, including a primary suite complete with an en-suite bathroom, tiled shower and dual vanities. Two additional bedrooms and a guest bathroom round out the top-floor, which also includes a laundry closet. The spacious lower level of this home has been roughed in and is flexible for the new owners' needs, be it a fitness room, recreation area or additional guest space. Enjoy time in the private, fenced-in backyard with no backing neighbors or at the nearby community pool, included in the HOA. Upgrades include solar panels and a new roof with class 4 hail-resistant shingles added in 2023. Tucked into the serene hills, this home is a haven with easy access to shopping and highways.
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| Oct 14, 2022 | Sold | ||
| Sold | |||
| Aug 17, 2022 | Listed | $599,000 | |
| Listed | |||
| Jul 13, 2020 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017