5612 Gorham Glen LN
About This Property
This charming single-story gem offers 3 bedrooms, 2 bathrooms, and a spacious 2-car garage within 2,293 square feet of elegantly designed living space. The full masonry construction adds timeless appeal, while the updated landscaping and mature trees enhance the home's curb appeal. Step inside to discover a great open floor plan with high ceilings and abundant natural light. The true office space is perfect for remote work or studying, while the large kitchen, featuring stainless steel appliances and ample storage, seamlessly flows into the family room and cozy kitchen nook. Enjoy hosting gatherings or relaxing in the inviting family room with views of the backyard.
The spacious primary bedroom is a retreat of its own, boasting his-and-hers vanities, a walk-in closet, a luxurious soaking tub, and a walk-in shower. Additional highlights include beautiful hardwood floors, elegant plantation shutters, and an overall warm and welcoming ambiance.
Located within short walking distance to Kiker Elementary, this home combines convenience with comfort. Don't miss the opportunity to make this wonderful property your new home!
Contact us today to schedule a viewing!
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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 |
|---|---|---|---|
| Sep 25, 2024 | In contract | - | |
| In contract | |||
| Sep 5, 2024 | Listed by Keller Williams Realty | $715,000 | |
| Listed by Keller Williams Realty | |||
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About Circle C Ranch
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017