5779 Raceway
About This Property
Desirable neighborhood and excellent schools. Beautiful 3 Bedroom home on an over sized corner lot. All bedrooms upstairs. Built in closets. Hurricane shutters, kitchen granite counter tops, stainless oven hood, gas stove/oven,dryer and water heater.
Large master bedroom with walk-in closet and partial lake view. Easy access to shopping and the turnpike.
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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 |
|---|---|---|---|
| Apr 8, 2024 | Sold | ||
| Sold | |||
| Jan 31, 2024 | Listed by RE/MAX Direct | $564,900 | |
| Listed by RE/MAX Direct | |||
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Welcome to your dream home nestled on a spacious corner lot, where elegance and comfort meet in perfect harmony. This stunning 3 bedroom, 2.5 bath residence boasts an array of desirable features that cater to modern living. As you approach, you're greeted by a screen-enclosed entrance and double doors, setting the stage for the grandeur within. Step inside and be captivated by the airy ambiance of the formal living room, adorned with a soaring 2-story ceiling, infusing the space with an abundance of natural light. Relax in the inviting family room, ideal for cozy gatherings or leisurely evenings at home. Retreat to the luxurious primary suite, where tranquility awaits with his and her closets, dual sinks, a rejuvenating jetted tub, and a walk-in shower for ultimate indulgence. Discover the refined formal dining area, complete with a convenient wet bar, perfect for entertaining guests in style. The gourmet kitchen is a chef's delight, featuring sleek granite countertops, a vented hood, and top-of-the-line stainless steel appliances including a natural gas stove, dryer, and water heater. A spacious snack bar and cozy breakfast nook offer versatile dining options, while high hat lighting illuminates the culinary space.
Additional highlights include a convenient jack and jill bath for added comfort, a laundry room equipped with a sink and ample cabinets for storage, smooth walls, and neutral flooring throughout for a timeless appeal.
Step outside to the covered patio and savor al fresco dining amidst the lush surroundings of fruit trees, with serene lake views providing a picturesque backdrop. For added peace of mind, accordion shutters offer protection against inclement weather.
Experience the epitome of gracious living in this exquisite home, where every detail has been meticulously crafted for discerning tastes. Don't miss the opportunity to make this sanctuary yours and elevate your lifestyle to new heights.
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| Oct 23, 2017 | Sold | ||
| Sold | |||
| May 12, 2017 | Listed by CENTURY 21 Tenace Realty | $314,999 | |
| Listed by CENTURY 21 Tenace Realty | |||
| May 20, 2005 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017