545 Nickel Creek Circle
About This Property
The upper level offers additional finished space, providing flexibility for various needs, whether as a second home office or versatile flex space. Abundant walk-in storage adjacent to this area further enhances the home's practicality. Stepping outside, the beauty of nature surrounds you, with views of the spacious screened porch, custom patio, and beautifully landscaped backyard, enveloped by a private wooded buffer. The neighborhood's surroundings, including the American Tobacco Trail, Army Corps of Engineer buffer, and Old Chatham Golf Club, contribute to the sense of privacy and seclusion, completing the allure of this exceptional residence. 545 Nickel Creek Circle offers everything one could desire in a home, combining elegance, comfort, and functionality in a serene setting that is sure to exceed expectations.
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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 |
|---|---|---|---|
| May 20, 2024 | Sold | ||
| Sold | |||
| Apr 18, 2024 | Listed by Hodge&KittrellSothebysIntlRlty | $1,160,000 | |
| Listed by Hodge&KittrellSothebysIntlRlty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017