5203 Addison Hills Lane
About This Property
community of Heritage Grand. Corner lot location that cannot be beat when it comes to proximity,
space, and literal curb appeal. There are numerous reasons to fall in love with this property including
wood floors in the main space from entry all the way to family room, lots of cabinet space in the kitchen,
and a cute patio space to create memories after sunset. There is a room for an office as well as two
good sized bedrooms. The primary bath has an updated walk in shower, walk in closet as well as dual
sinks. Kitchen has an island, gas cooktop, granite counter tops, double oven, refrigerator, a high end
Bosch dishwasher and the kitchen opens up to the family room; allowing you to stay connected to the
entertainment while you cook. A fantastic find in todays Real Estate market so make your appointment
today so you can own this incredible home.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Dec 20, 2023 | Sold | ||
| Sold | |||
| Nov 16, 2023 | Listed by Keller Williams Premier Realty | $360,000 | |
| Listed by Keller Williams Premier Realty | |||
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Welcome home to this meticulously well cared for 2 bedroom/2 bathroom home in the gated
community of Heritage Grand. Corner lot location that cannot be beat when it comes to proximity,
space, and literal curb appeal. There are numerous reasons to fall in love with this property including
wood floors in the main space from entry all the way to family room, lots of cabinet space in the kitchen,
and a cute patio space to create memories after sunset. There is a room for an office as well as two
good sized bedrooms. The primary bath has an updated walk in shower, walk in closet as well as dual
sinks. Kitchen has an island, gas cooktop, granite counter tops, double oven, refrigerator, a high end
Bosch dishwasher and the kitchen opens up to the family room; allowing you to stay connected to the
entertainment while you cook. A fantastic find in todays Real Estate market so make your appointment
today so you can own this incredible home.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017