52 BASTIAN DR
About This Property
Welcome home to the highly desirable 55+ active community of Holiday Village!
This meticulously maintained and freshly painted Madison model sits on a premium lot backing up to a lake and wooded area, offering lots of privacy in the back and on the side. This floor plan offers over 1,300 square feet of living space and many seller upgrades. The large eat-in kitchen boasts an abundance of solid wood cabinets and Corian counter space, tiled backsplash, and a pantry. Continue through the home and you'll find an open concept living and dining area equipped with a Bose Lifestyle Home Theater System. Beyond the main living area is a beautiful sunroom that brings in so much natural light from the Andersen windows and the seller upgrades of large Andersen sliding doors and skylights. The sunroom truly offers you additional space to live, dine, and entertain. Off of the living area is the spacious master suite with a generously sized walk-in closet and private en suite bathroom equipped with a walk-in shower and grab bar. Down the hallway you'll find the utility room with a washer and dryer hookup, a full bath with a tub and grab bar, and a generously sized second bedroom. Step outside of the sunroom and you'll find yourself relaxing in yet another seller upgrade, the enclosed patio, where you'll really get to soak in some serenity and scenic views of the lake.
For energy efficiency, enjoy the benefits of the solar panels installed in 2012 as well as the 4 year old furnace and AC. For added safety, the home is wired for an ADT monitored security system (not currently active) and all of the Andersen sliding glass doors feature double locks.
This home is ideally located in close proximity to major highways, restaurants, shops, hospitals, Laurel Acres Park, and Ramblewood Golf Club. Not to mention it's nestled in a wonderful active community that does not spare any expense when it comes to providing you with a multitude of activities and amenities you'll enjoy, including a clubhouse, exercise room, tennis & pickleball courts, bocce ball courts, seasonal outdoor pool, fishing ponds, and walking paths.
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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 |
|---|---|---|---|
| Oct 25, 2022 | Sold | ||
| Sold | |||
| Sep 23, 2022 | Listed by Smires & Associates | $335,000 | |
| Listed by Smires & Associates | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017