5432 Loganberry Way
About This Property
Recent upgrades include a brand-new 60K BTU Goodman furnace (installed Oct 2023) with a lifetime warranty on the heat exchanger and a 10-year warranty on other parts. The home is prewired for an AC unit, with coolant lines conveniently running to the garage. A separate 220 line has been professionally installed for a hot tub on the rear patio, which features resort-quality crank-down drop shades ($4,900 value) installed in 2018, complete with a 10-year warranty on fabric and thread.
The garage has seen significant upgrades, including a newer garage door, new rollers, guides, and a battery-compliant opener, all completed in the last year. It's been wired, drywalled, and features built-ins, plus an epoxy-coated floor. A new roof was installed in Oct 2021 for $19,500, with a 20-year transferable warranty.
Enjoy the bright, airy interiors with original windows and sliding doors replaced in January 2005, and Bosch kitchen appliances that include a dishwasher, microwave, and range.
Step outside to your expansive backyard featuring a covered patio and a relaxing sitting area, ideal for entertaining or unwinding under the stars. The community offers excellent amenities, including a pool, BBQ areas, picnic spots, and trails, making it a perfect setting for outdoor enthusiasts.
With easy access to Highway 76, you're just 8 miles from the beach and within walking distance to Guajome Lake Park. Enjoy proximity to shopping, restaurants, golf courses, and local colleges. This vibrant community features low HOA dues and no Mello Roos, making it an incredible opportunity to call home.
Don't miss out on this fantastic property-your dream home awaits!
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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 3, 2024 | Sold | ||
| Sold | |||
| Nov 5, 2024 | In contract | - | |
| In contract | |||
| Oct 14, 2024 | Listed by 1% Listing Broker | $795,000 | |
| Listed by 1% Listing Broker | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017