6064 Almelo DR
About This Property
The primary bedroom boasts an ensuite bathroom and not one, but two walk-in closets, offering both luxury and functionality. The heart of the home is the open kitchen, dining, and family room, creating a seamless flow for everyday living. The custom gourmet kitchen features a center island, custom cabinets, plenty of counter space, and abundant storage, making it chef's dream kitchen. In addition to the generous living spaces, this home also includes a dedicated office, perfect for those who work from home or desire a quiet space for study. The property's prime location on a cul-de-sac ensures privacy, with the front yard angled away from one neighbor, providing a sense of exclusivity.
For those who enjoy an active lifestyle, the Cat Hollow neighborhood offers access to parks, pools, playgrounds, and trails, providing endless opportunities for outdoor recreation. As an added bonus, residents have access to the nearby Brushy Creek Recreation Center, which includes a fitness center, soccer fields, basketball courts, volleyball courts, pickle ball courts, tennis courts, and hosts a variety of family-friendly events, ensuring there's always something for everyone. Additionally, families will appreciate the proximity to highly ranked schools and less than a mile from the elementary, further enhancing the appeal of this dynamic community. Concluding this exceptional property is a 3-car garage, offering ample space for vehicles and storage. Don't pass up the opportunity to call 6064 Almelo Dr. your own in the lively and family-friendly Cat Hollow community!
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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 7, 2024 | In contract | - | |
| In contract | |||
| Jun 28, 2024 | Listed by eXp Realty, LLC | $800,000 | |
| Listed by eXp Realty, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017