601 MCKENZIE OAK Lane
About This Property
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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 29, 2024 | Sold | ||
| Sold | |||
| Apr 4, 2024 | In contract | - | |
| In contract | |||
| Mar 22, 2024 | Price Decreased |
$899,999
↓ $39K
(4.2%) | |
| Price Decreased | |||
| Mar 4, 2024 | Listed | $939,000 | |
| Listed | |||
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This beautiful corner lot 5bed 4bath home with a spacious 3 car garage is located in Palencia, a residence that boasts multiple amenities such as golf, gym, Park, and more! This property is very convenient due to its location. On the first level, you'll find a large living room with a gas fireplace that connects to the dining room and beautiful spacious kitchen. The primary bedroom has a relaxing view of nature and the pool and is very spacious with a large his & her walk-in closet and modern bathroom with both a conventional shower and a jacuzzi! On the same level, there is 3 more bedrooms. On the second level, you will find a large primary bedroom with the view to the pool. Outside, you'll find a large kitchen, beautiful garden and a saltwater pool & spa that you can relax in.
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| Feb 23, 2024 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017