650 TREEHOUSE Circle
About This Property
- 4 main bedrooms down stairs - great for a family
- Large 5th bedroom/master suite/Next Gen Suite (or bonus room) upstairs with walk in closet, full bath, wet bar sink, and balcony overlooking the park
- screened lanai with outdoor Bose Speakers (with volume control inside)
- 2-10 Full home warranty
- Deep artesian irrigation well
- Full home water softener/filtration system
- UV Tinted Windows throughout the home
- Plantation shutters throughout
- Two large HVAC systems with three zones (separate zone for Bonus room/NextGenSuite)
- Two large water heaters
- Family Room and Bonus Room/NextGen suite pre-wired for surround sound
- Brand New Carpeting / Padding through out the home
- Just Painted throughout including garage
- Brand new lighting fixtures and lighting
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Cap Rate Calculator
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 |
|---|---|---|---|
| Oct 6, 2017 | Sold | ||
| Sold | |||
| May 6, 2017 | Listed by COLDWELL BANKER PREMIER PROPERTIES | $485,000 | |
| Listed by COLDWELL BANKER PREMIER PROPERTIES | |||
| May 22, 2016 | Listed by COLDWELL BANKER PREMIER PROPERTIES | $539,000 | |
| Listed by COLDWELL BANKER PREMIER PROPERTIES | |||
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BETTER THAN A ''PARK LIKE SETTING'' This Classic Vintage Group home is set ON A PARK! Enjoy the view from your 2nd floor balcony, or your own private access to Palencia’s Treehouse Park! Minutes from the state of the art Palencia Elementary School. Spacious Master Bedroom with a sitting room, plus three additional bedrooms All Located on the First Floor! Generous sized open kitchen to family, built-in tech/study center. Large flexible upstairs bonus room can be your 5th Bedroom/Suite, Game Room, or Study, You Decide! Back yard features privacy, room for a pool and all the benefits a yard unfolding into a park would offer. Gather for a celebrations, play on the green, or relax on a park bench, all conveniently located adjacent to your home. 2-10 Home Warranty included!
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| Jun 17, 2015 | Listed by COLDWELL BANKER PREMIER PROPERTIES | $549,000 | |
| Listed by COLDWELL BANKER PREMIER PROPERTIES | |||
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Don’t miss the opportunity to consider one of Palencia’s Classic Custom homes in the Treehouse Circle Community. Priced to sell, this move in ready home, is adjacent to Treehouse Park and minutes from the new state of the art Palencia Elementary School. Spacious Master Bedroom with a sitting room,generous sized open kitchen to family,built-in tech/study center, and large upstairs bonus room w/covered balcony that could be 5th bedroom or study. Efficient gas heat, and hot water, Major curb appeal-rm for pool.
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| Sep 15, 2008 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017