653 TREEHOUSE Circle
About This Property
" Entrance Foyer with hardwood floor
" Formal Dining Room with crown molding, Roman columns, niche, picture window with plantation shutters, hardwood floor & wainscotting
" Formal Living Room with hardwood floor, shiplap feature wall, French doors to lanai
" Family Room with floor-to-ceiling triple Palladium picture windows, ceramic tile floor, custom built-in bookcases & cabinets, natural gas shiplap-wrapped fireplace with mantle, French doors to lanai, spotlights, plant shelves, surround sound speakers
" Dining Nook with floor-to-ceiling bay window, wall niche with upward & downward feature lighting
" Generous Kitchen with crown molding, quartz countertops, custom ceramic tile backsplash, shiplap wrapped vent hood, wall microwave, wall oven, natural gas cooktop, undercabinet lighting, enormous walk-in pantry extending under the stairs, ceramic tile floor, garbage disposal
" Main Suite with tray ceiling & crown molding, transom window & French doors with Plantation shutters, Roman columns, flex space, triple floor-to-ceiling bay window, dual walk-in closets, Ensuite bath with dual vanities, frosted window, Jacuzzi whirlpool tub, private water closet, eyebrow window, glass block walk-in shower
" 3 Secondary Bedrooms with ensuites
" Powder room with built-in shelves and beadboard
" Laundry room with designer floor tile, upper & lower cabinets, sink, backsplash, front loading washer & dryer machines on pedestal with counter
" Roof: 3 years old
" HVAC: 2 units - downstairs has natural gas heat, upstairs has heat pump
" Hot Water Heater - natural gas
" 3 Car courtyard entry garage 36' x 21'
" Water Softener, security system, sprinkler system, irrigation well
" Golf cart - negotiable
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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 |
|---|---|---|---|
| Sep 30, 2024 | Sold | ||
| Sold | |||
| Aug 12, 2024 | In contract | - | |
| In contract | |||
| Jun 26, 2024 | Listed by ROYAL HIGHLANDER REAL ESTATE CONSULTANTS, LLC. | $1,250,000 | |
| Listed by ROYAL HIGHLANDER REAL ESTATE CONSULTANTS, LLC. | |||
| Jan 27, 2017 | Sold | ||
| Sold | |||
| Jun 9, 2016 | Listed by ROYAL HIGHLANDER REAL ESTATE CONSULTANTS, LLC. | $519,900 | |
| Listed by ROYAL HIGHLANDER REAL ESTATE CONSULTANTS, LLC. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017