613 ROYAL CREST DRIVE
About This Property
As you step inside, you'll be greeted by a welcoming flex area, currently used as a sitting room. The expansive living room boasts a charming wood-burning fireplace, creating a cozy atmosphere for gatherings. The adjacent Bonus Room provides a versatile space, ideal as a family room, man cave, or even a fourth bedroom in the main house. Main house currently offers 3 bedroom and two bathrooms plus the bonus room that can be used as the 4th bedroom. In-law suite/ Efficiency is currently a 1 bedroom and 1 bathroom.
Recent upgrades include a complete exterior and interior paint job (July 2024), a new guest bathroom (July 2024), a new water heater (July 2024), and a new septic system and drain field (August 2024). The property also features a metal roof installed in 2012, an AC system from 2014, and a pool resurfaced in 2016. ALL windows were replaced in 2016 in the main house, adding to the home's efficiency and comfort.
This residence is not only perfect for multi-generational living but also offers excellent potential as an income property. Conveniently located near hospitals, schools, restaurants, shopping, and highways, this home is both practical and charming.
Don't miss out on the opportunity to make this your dream home or investment property. Come explore the possibilities today! MILTON Survivor
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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 |
|---|---|---|---|
| Nov 13, 2024 | Sold | ||
| Sold | |||
| Oct 19, 2024 | In contract | - | |
| In contract | |||
| Sep 19, 2024 | Relisted | $479,900 | |
| Relisted | |||
| Sep 18, 2024 | In contract | - | |
| In contract | |||
| Sep 7, 2024 | Listed by CHARLES RUTENBERG REALTY INC | $479,900 | |
| Listed by CHARLES RUTENBERG REALTY INC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017