521 Delano Road
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Aug 22, 2024 | Sold | ||
| Sold | |||
| Jul 26, 2024 | In contract | - | |
| In contract | |||
| Jun 14, 2024 | Listed by Keller Williams Realty Colonial Partners | $720,000 | |
| Listed by Keller Williams Realty Colonial Partners | |||
| | |||
|
Lovely 10 room center entrance colonial sited on a half acre lot abutting conservation land with walking trails, located in a desirable area of East Marion. It features 5 bedrooms, 2.5 baths, a large, open kitchen with stainless appliances, whimsical lighting and slider access to the deck. Spacious primary bedroom suite and four other bedrooms and bath complete the upper floors. The large, private back yard with an inground sprinkler system is a gem, not visible from the road. The pergola covered deck provides shaded seating and overlooks the patio, outdoor shower and raised garden beds. Thoughtful updates by the current owner include a solar system that powers the home, allows for EV charging, and sells power back to the grid. Solar cell battery acts like a whole house generator during a power outage, Newly painted interior and exterior. Engineered wood flooring. Lower level fitness room with speakers! This home and yard promise a private oasis for next owners!
| |||
| May 31, 2024 | Price Decreased |
$774,900
↓ $25K
(3.1%) | |
| Price Decreased | |||
| Apr 24, 2024 | Listed by eXp Realty | $799,900 | |
| Listed by eXp Realty | |||
| | |||
|
Welcome to the beautiful seaside town of Marion! Situated on 1/2 acre this stately Colonial features 5 bedrooms, 2 ½ baths, open kitchen concept with sliders to wooden deck with wisteria covered pergola overlooking patio abutting 65+ acres of conservation land adding lots of privacy in backyard with access to trails and water activities. Five growing boxes for homegrown veggies and plants! A partially finished basement offers a full pantry and opportunities for a home office, playroom, and/or gym. Found throughout the home are loving updates such as engineered hardwood flooring, a garden window and custom glass fixtures. Solar panels and battery offer added comfort in case of a power outage. You will be pleasantly surprised by this amazing home!
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017