51545 Longmeadow Street
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%.
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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.
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 21, 2022 | No longer available | - | |
| No longer available | |||
| Feb 11, 2022 | In contract | - | |
| In contract | |||
| Feb 7, 2022 | Listed by Holbech Real Estate Inc. | $895,000 | |
| Listed by Holbech Real Estate Inc. | |||
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Fantastic Contemporary Incantre model with Master Bedroom on the ground floor and a fabulous Guest Bedroom with large living area upstairs. The entrance features an Iron and Frosted Glass Security Door leading into the Entry Courtyard. The Interior has 3 Bedrooms each with En Suite Bathrooms and a further half Bathroom. Bonus Rooms include an Office with Built In Cabinets and Granite Counters and an additional Den. The Custom Kitchen and Breakfast Bar looks into the highly Upgraded Living Area and Dining Room and the Master Bedroom features a large Walk Nn Closet with California Closet Upgrades.Every inch of this home has been highly upgraded with over $325,000 of Upgrades in recent years including Automatic Electric Window Coverings. Tile Flooring. Granite Counters. Monogram Kitchen Appliances. Epoxy Garage Flooring and Custom Garage Cabinets. Duel Zone A/C (Even the Garage has A/C). Designer Wallpaper. Security System. Pre-Paid Solar. In Ground Pool with Beach Access. Custom Garage Doors. Upgraded Sprinkler System. Fruit Trees and much much more. This home is move in ready and is walking distance to the Club House and it's many amenities and there is a Park directly across the street. Age restricted community 55+ The manager has listed the unit size as 2708 square feet.
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| Mar 8, 2021 | Sold | ||
| Sold | |||
| Jan 2, 2021 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017