5450 La Plata Cir
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 |
|---|---|---|---|
| Mar 1, 2023 | Sold | ||
| Sold | |||
| Jan 10, 2023 | Listed by Worth Clark Realty | $925,000 | |
| Listed by Worth Clark Realty | |||
| | |||
|
Current owner occupant generates $60,000/yr of licensed short term rental income on this 5 bed/4 bath Gunbarrel property, while still having an additional 2,700 ft² for personal use! Short term rental income covers the Seller’s entire mortgage, taxes, interest, and repairs. Seller will also consider buying down Buyer interest rate! Nestled on a cozy cul-de-sac, the property is fully fenced with a private and beautifully landscaped yard, a covered deck, and 12 stunning fruit trees. The house has an expansive living room that boasts vaulted ceilings with great natural light, hardwood floors, and a wood burning fireplace. Adjoining the living room is a laundry room, a half/bath powder room, and an office nook, which could easily be converted to a wet bar. The remodeled kitchen features quartz countertops, a farmhouse style double basin sink, ample cabinetry, and updated lighting. Kitchen has walkthrough access to the formal dining room. Also on the main level is the master suite bedroom with a full bathroom, which has a separate entrance off the side of the house. Upstairs is a hang-out loft area, and 3 full bedrooms. Upstairs bathroom has access from the master bedroom, featuring a luxurious soaking tub. The basement, which may be used as short term rental, can be accessed privately without disturbing homeowners via the garage door entrance. Here you’ll find a large living room area, a ¾ bathroom, 2 bedrooms, and a storage area. One bedroom has legal egress through a window, and the other bedroom is non-conforming due to no egress. All of the window wells installed in the basement are fully permitted for legal egress. Property is walking distance to many great restaurants, breweries, amenities, and hiking trails. Potential Buyers and Buyers’ agents to perform their own due diligence on continued operation of property as a short term rental.
| |||
| Mar 28, 2017 | Sold | ||
| Sold | |||
| Aug 28, 2014 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017