502 VIOLET CT
About This Property
Enter through the tile foyer with cathedral ceiling which opens into the airy living/dining room featuring a gas fireplace with marble surround, new carpeting, recessed lighting and vaulted ceiling with skylights. A bright, cozy sitting room is to the right of the entry which can also be accessed via French doors in the main room. Continue to the newly updated kitchen boasting hardwood floors, stainless steel refrigerator, induction range, microwave and dishwasher and relax in the in the adjoining sitting/breakfast nook which over looks the serene pond and aerating fountain. Enjoy private backyard views through the generous slider doors or ease into the day sipping coffee on the new landscaped patio under the automatic SunSetter awning. Two bedrooms, two baths and an updated laundry room including large capacity washer and dryer with folding table complete the first floor. The roomy main suite with a lovely water view features a cathedral ceiling with fan, chair rail molding, en suite bath with Jacuzzi tub and separate shower, vanity table/dressing area, and large walk-in closet. The second bedroom with a walk-in closet is right next to the hall bath. The spacious second floor loft overlooking the living room features a full bath, giant walk-in closet, ceiling fan, and built-in shelving with desk. The perfect flexible space for a third bedroom, office, or sewing/craft room.
Other attributes of this well cared for home include a 2-car garage with built in closets and new epoxy floor, Ring security system, sprinkler system, newer HVAC, newer roof, and newer hot water heater. Located close to the community clubhouse, shopping, restaurants, and parks.
This great active community offers many amenities - a heated pool, tennis courts, exercise room, billiards, bocce, low monthly fee - and may be just what you are looking for!
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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 |
|---|---|---|---|
| Feb 28, 2023 | Sold | ||
| Sold | |||
| Jan 29, 2023 | Listed by BHHS Fox & Roach-Moorestown | $430,000 | |
| Listed by BHHS Fox & Roach-Moorestown | |||
| Jun 10, 2021 | Sold | ||
| Sold | |||
| May 13, 2021 | Listed by Coldwell Banker Realty | $335,000 | |
| Listed by Coldwell Banker Realty | |||
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Welcome to the former model home in desirable Holiday Village East! This meticulous home has had one owner since its origin in 1997. The home is beautifully maintained with an open floorplan, vaulted ceilings skylights, three full bathrooms and French doors leading into a quaint sitting room or office. The kitchen located in the rear of the home offers water views with a spouting fountain and also a TV nook to relax while dinner is cooking. The master bedroom generous in size, has a great water view and is equipped with a dressing area and master bath including a Jacuzzi tub and shower stall. The second-floor loft could be a great area for a home office or a third bedroom. It includes a full bath, a large walk-in closet and built-in desks. Additional features to 502 Violet Court are attached two-car garage, updated Rheem heater and central air (2015), newer roof (2013), newer hot water heater (2017) and new Maytag washer (2020). You will feel joy and serenity upon entering this lovely, clean, sun-filled home!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017