605 Imagine Drive
About This Property
Experience luxury and comfort in this spacious 4-bedroom, 2.5-bathroom home spanning 2,800 sq ft. The home boasts a 3-car garage, a versatile craft room that can serve as a 4th office, two dining areas, and a media room. Enjoy energy-efficient living with a Trane 20 SEER high-efficiency cooling system, a 95% high-efficiency gas furnace, and a tankless gas hot water heater with an additional 20-gallon electric tank and circulation pump. Unique touches like oil lamps at the front door and in the bathrooms add charm, while the Trane zoned system ensures perfect comfort in every room.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Oct 18, 2024 | Sold | ||
| Sold | |||
| Sep 4, 2024 | In contract | - | |
| In contract | |||
| Aug 9, 2024 | Listed by Keller Williams Realty Tyler | $498,000 | |
| Listed by Keller Williams Realty Tyler | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017