60 Crater
About This Property
The house's modern appearance gives people a refreshing feeling! Total of 3280 SQFT and 4 beds and 3.5 baths. As you approach the house, on your right-hand side is a spacious guest bedroom with an ensuite bathroom. Now walking to the living room and kitchen, the 30-foot-high ceiling allows people to breathe boldly! Engineered wood floors run throughout the entire house! The kitchen is equipped with top-of-the-line appliances including a wine cabinet, drinking water purification equipment, and a walk-in food storage room, making your cooking more convenient! To the right of the kitchen is the spacious and bright master bedroom, which allows the owner to easily access the living room and kitchen. The recently upgraded engineering wood floor staircase leads you to the living room (Loft) on the second floor, which can be used as a second living room, library, or leisure area. The laundry room is on the second floor with upgraded countertops and floor tile. The other two guest rooms on the second floor are large and both have walk-in closets. Coming to the tidy backyard, you can see that the maintenance cost will be very low because of the artificial lawn. The homeowner has installed a whole-house water softener system. This community includes Resort resort-inspired amenities such as an impressive Clubhouse, 3 Pools, Tot lot, and Tennis Courts. It won't last, must-see!
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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 |
|---|---|---|---|
| Jul 22, 2024 | Sold | ||
| Sold | |||
| Jun 11, 2024 | Listed by Pinnacle Real Estate Group | $3,500,000 | |
| Listed by Pinnacle Real Estate Group | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017