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628 Farben Drive
About This Property
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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%.
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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.
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 |
|---|---|---|---|
| Sep 8, 2018 | No longer available | - | |
| No longer available | |||
| Sep 5, 2018 | Sold | ||
| Sold | |||
| Aug 21, 2018 | Listed | $899,000 | |
| Listed | |||
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Magnificent Executive View Home features 4 bedrooms PLUS bonus room. Fantastic curb appeal featuring unobstructed panoramic city lights and mountain views from the privacy of the backyard. Double door front entry, a high ceiling step down living room with fireplace, and elegant distressed flooring. The adjoining formal dining room leads to a beautiful kitchen with upgraded counters, cabinets, flooring and recessed lighting. A bright and airy breakfast nook includes ceiling fan for casual dining. The family room has built-in cabinets and a sliding door to the backyard. The downstairs guest room is currently used as an office. Upstairs you’ll find a Grand Bonus Room with a three door mirrored closet and dual sliding doors leading to the balcony. The master suite includes mirrored wardrobe, ceiling fan and bathroom with dual sinks and separate shower room. Third and fourth bedrooms are good size with ceiling fans and lots of natural light! The tremendous view from the backyard leaves you feeling like Royalty every time you arrive home. You will enjoy good times with friends and family around the gas fire pit and gazebo. Other features include: whole house fan, new carpeting and staircase flooring, new Pex piping in 2016, freshly painted interior and exterior has been painted 1 1/2 yrs ago, approx. 3 year old roof, ceiling fans in all bedrooms, sauna in garage, gas fire pit, many fruit trees - Mango, Lime, Meyer lemon, Pomegranate, and Kumquat! Call Sandar West 909.816.3257 The manager has listed the unit size as 2468 square feet.
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| Jul 16, 2018 | Listed by RE/MAX INNOVATIONS | $899,000 | |
| Listed by RE/MAX INNOVATIONS | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017