6605 Cromarty LN
About This Property
Entering the house you'll find a large foyer with an office to your right. Bay windows invite the light in while large oak trees and shrubbery provide some privacy from your quiet cul-de-sac. Beyond the office you have two secondary bedrooms that share a full bath in the hallway, and on the left side of the foyer is access from the garage.
Making your way towards the back of the house there is a large living room to your left and dining room to your right. The living room features large windows that almost stretch floor-to-ceiling, but this space has great blinds to blackout the room if you want to watch TV during the day. The dining area features vaulted ceilings and makes the house feel even more spacious. This is continued into the family room that opens to the kitchen at the back of the house.
Your primary suite is located in the back left of the house. The primary bath features dual vanities, a walk-in shower and jetted tub. You'll be impressed by the large transom window above the tub- on full moon nights the moonlight illuminates the whole bathroom!
Exiting the back door from the kitchen you have a patio slab and large backyard with multiple plantings including mature crape myrtles that bloom in a variety of colors- this wall of trees gives you privacy from the road. The space provides lots of room to grow, whether you want to test your green thumb or throw the ball for your dog.
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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 |
|---|---|---|---|
| Sep 25, 2024 | In contract | - | |
| In contract | |||
| Aug 14, 2024 | Listed by Keller Williams Realty | $375,000 | |
| Listed by Keller Williams Realty | |||
| Aug 5, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Jul 21, 2024 | Price Decreased |
$375,000
↓ $14K
(3.6%) | |
| Price Decreased | |||
| Apr 30, 2024 | Price Decreased |
$389,000
↓ $5K
(1.3%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017