5525 Denmark DRIVE
About This Property
The kitchen, a modern marvel, showcases new cabinets and quartz countertops, a culinary haven awaiting your touch. Outside, a utility shed harbors a washer and dryer, adding practical ease to daily living. A back gate offers seamless outdoor access, a discreet portal to the world beyond, avoiding the hustle of 53rd Ave.
This property isn't just a home; it's an invitation to community living. Engage in the delights of Shuffleboard and the Community Pool, woven into the fabric of Chateau Village. No lot rent adds a sweet financial note, while a $210 monthly maintenance fee covers the essentials-water, sewer, trash, lawn maintenance, Internet, Cable, and property management.
Strategically positioned near shopping centers, banks, restaurants, and the airport, this property is more than a home; it's a hassle-free haven for those seeking an affordable and vibrant living experience in the heart of a dynamic 55+ community. Are you feeling the allure of this sensory symphony?
Oh, one more thing this one is in the pet area with a fenced backyard.
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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 28, 2023 | Sold | ||
| Sold | |||
| Nov 16, 2023 | Listed by EXP REALTY LLC | $180,000 | |
| Listed by EXP REALTY LLC | |||
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About Oneco
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017