615 PASADENA DR
About This Property
It sounds like your new home is designed for both comfort and convenience! The spacious entryway is a great feature, providing a welcoming and open feel as soon as you step inside. The placement of essential areas like the basement door, laundry room, powder room, and coat closet near the entryway suggests a well-thought-out design to make daily tasks more convenient.
Upstairs, the living room and dining room with sliders to the backyard likely offer a great space for relaxation and entertainment. Easy access to the kitchen. The connection to the outdoor space through sliders can be a wonderful feature, allowing for easy access to fresh air and outdoor activities.
The three bedrooms and a full bath on the upper level provide a comfortable and private space for rest and personal care. Overall, it sounds like your new home is designed to balance functionality with a pleasant living environment. If you have any specific questions or if there's anything else you'd like to know or discuss about your new home, feel free to share!
It's interesting that the property extends beyond the fencing; this could offer additional opportunities for landscaping, gardening, or perhaps creating an outdoor living space. The area will have to be cleared.
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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 |
|---|---|---|---|
| Feb 2, 2024 | Sold | ||
| Sold | |||
| Dec 3, 2023 | In contract | - | |
| In contract | |||
| Nov 17, 2023 | Listed by Weichert Realtors-Turnersville | $274,900 | |
| Listed by Weichert Realtors-Turnersville | |||
| Aug 18, 2021 | Sold | ||
| Sold | |||
| Jul 23, 2021 | Listed by Weichert Realtors-Medford | $185,000 | |
| Listed by Weichert Realtors-Medford | |||
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Fantastic opportunity to own a single family home in Magnolia under $200,000! This home has been freshly painted inside, has a new roof, refinished hardwood flooring, and new kitchen flooring as well. As you enter, you are greeted with an open foyer with a coat closet. Up a few steps, there is the large living room with a beautiful triple window, vaulted ceilings and ceiling fan. Through the living room is the combination kitchen and dining area with white cabinetry, breakfast bar and charming built-in for extra storage. Upstairs are 3 bedrooms, all with hardwood flooring and ceiling fans. The main bathroom is updated with tile flooring and tile tub surround. There is also a powder room and laundry room on the lower level. The basement offers extra storage or living space potential. The 1 car garage has interior access and offers plenty of storage space. The backyard is very spacious and fully fenced in! Put this one on your list before it's too late!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017