605 Motor Road
About This Property
BEAUTIFUL foyer welcomes you into an open floor plan of living space. GORGEOUS kitchen FEATURES HUGE center island w/over hang for seating, 42'' cabinets w/CROWN molding, rec lights, subway tile backsplash, QUARTZ counter tops, STAINLESS steel appliances, skylight over seating area, slider to rear yard, crown molding. Kitchen is open to LARGE living room or could be living/dining room combo w/refinished hard wood floors, GAS fireplace w/beautiful stone surround, crown molding, rec lights. MASTER SUITE is situated on the upper level with 2 additional bedrooms all featuring hardwood floors. MASTER has walk in closet & additional closet w/laundry shoot, rec lights, FULL bath with CUSTOM shower stall w/DECORATIVE tile & crown molding, built in seat, rec lights, BEAUTIFUL vanity. FULL bath is also on this level w/DECORATIVE vanity w/marble top, tub w/subway tile and ceramic floors. Lower level has family room w/marble floors, crown molding w/chair rail, rec lights, w/private entrance, could also be GREAT home office. Half bath, laundry room w/sink and full shower and entrance to garage are also on this level. Forth bedroom is HUGE w/laminate floors, crown molding, rec lights, THEN there is an additional BONUS room, could be inlaw area, play room, the POSSIBILITIES are endless!!
GORGEOUS back yard is fully fenced, offers MULTI level deck, salt water pool, well for irrigation and so much more. SOME of the many AMENITIES are NEWER windows, front door, slider, interior doors, pump for well, new thermostats, home converted from oil to gas. DON'T forget just a few minutes to water front beach, boardwalk, yacht club and more! COME AND PREVIEW THIS HOME TODAY!!
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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.
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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 |
|---|---|---|---|
| Jun 30, 2021 | Sold | ||
| Sold | |||
| May 6, 2021 | Listed by RE/MAX Revolution | $534,900 | |
| Listed by RE/MAX Revolution | |||
| Oct 2, 2020 | Sold | ||
| Sold | |||
| Aug 6, 2020 | Listed by Real Estate, LTD | $419,000 | |
| Listed by Real Estate, LTD | |||
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Custom multi-level home features 4 bdrms, 3 baths & 1-car garage situated on oversized 125x125 corner lot in quaint waterfront community of Pine Beach. Professionally landscaped grounds provide abundance of privacy.Paved circular drive & addt'l driveway for plenty of parking!Huge deck w/blt-in storage areas & beautiful ingrnd pool.Marble foyer,spacious dine room & living room w/woodburn fp,eat-in ktchn w/plenty of counter space,pass through & sliders onto spacious deck.Upper lvl find 3 nice size bdrms includes master w/full attached bath.Lower lvl w/unbelievable family rm w/pvt entry makes perfect home office! 4th bdrm w/enough room to accommodate sitting rm/office area.Lrg bonus area (no AC) & roomy laundry rm w/stall shower!Short distance to wtrfront/beach/boardwalk/yacht club & more!
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About Pine Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017