610 BARBADOS DR
About This Property
A custom pillar mailbox with an adorning solar fixture sits at the entrance of this modern upgraded home. Beautiful amenities and aesthetics that feature arched wide-open entryways, recessed ceiling dimmable lighting, matching light fixtures throughout, trimmed shadow boxes, marble window sills, custom built- in bookshelves with lower cabinets and marble tops expand the entire wall. Granite countertops with a unique Onyx backsplash can be found in the kitchen area with a custom side door to the brick patio.
Brazilian cherry floors, tile floors and oil rubbed bronze accessories accent your tiled shower bathrooms. Cathedral ceiling in the Master Bedroom includes a custom closet with shelving for comfortable dressing in the Master bathroom. A security system is installed for your convenience. A seven zone Irrigation system is an added extra to this home to keep your grass green. All this on the largest land lot which is located dead center in the middle of Holiday city. Don't worry, you will never cut the grass again or shovel snow as it is all included with your HOA dues. This HOA boasts the lowest HOA dues in the area providing a clubhouse, pool, courts, and social activities.
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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 |
|---|---|---|---|
| Jun 5, 2024 | Sold | ||
| Sold | |||
| May 11, 2024 | In contract | - | |
| In contract | |||
| Apr 12, 2024 | Price Decreased |
$409,000
↓ $10K
(2.4%) | |
| Price Decreased | |||
| Mar 12, 2024 | Price Decreased |
$419,000
↓ $10K
(2.3%) | |
| Price Decreased | |||
| Jan 12, 2024 | Listed by Weichert Realtors-Turnersville | $429,000 | |
| Listed by Weichert Realtors-Turnersville | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017