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60138 Katie Circle
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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%.
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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 3, 2024 | Sold | ||
| Sold | |||
| Aug 8, 2024 | In contract | - | |
| In contract | |||
| Jul 3, 2024 | Listed by Equity Union | $679,900 | |
| Listed by Equity Union | |||
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Picture-Perfect! This fabulous Maurea model w/Casita, 3-BR, 3-BA pool/spa home is move-in-ready and available turnkey. The gated courtyard entry leads to an adorable roomy Casita with a kitchenette, custom built-ins, closet, and full bath. The main home is immaculate, open and bright with 9-foot ceilings, a kitchen, family room, and dining area overlooking a large covered-patio with tall wispy palms, fanciful flora, and a pool and spa with two cascading spillovers. Designed for easy-living the home has artfully designed tile floors in the main living areas and complementing wide-plank floors in two bedrooms, plus ceiling fans throughout. The family room features quality crafted wood built-ins for hidden storage, games, and books. The big-screen TV and surround sound ceiling speakers make movies and pro-sports come alive. During the holidays and cool winter months, the family room fireplace is a great place to curl up with a good book. The open kitchen makes cooking carefree with a new refrigerator and microwave, a large breakfast bar and counter tops with slab granite, stone backsplash, cabinets with pull-outs, and a pantry. The main bedroom suite is spacious with picture windows overlooking the backyard, and a privacy door to the patio and spa. The main bath has dual sinks, granite counters, a walk-in shower with custom stone tile surround, and a large walk-in closet. Guests will feel at home in their own bedroom and full bath.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017