6731 Sutton Street
About This Property
This craftsman/ranch style single story boasting an almost 14,000 square foot lot (unheard of in Westminster) of completely flat and usable land presents a unique opportunity to for a granny flat, an amazing add on and still plenty of room for a huge backyard oasis. JUST IMAGINE THE FABULOUS CELEBRATIONS YOU COULD HOST, HERE!!! With almost 2,000 square feet of updated generous interior living space... Boasting 3 bedrooms and 3 bathrooms with huge family room with custom fireplace and separate living room with fireplace, both open up to a generous kitchen and large dining area, creating the "great room experience." Enjoy new wood style laminate floors, custom base boards, scraped ceilings in larger living areas, new designer paint inside and out, new fixtures, new recessed lighting, updated bathrooms, newer windows, a separate interior laundry room, attached 2-car garage with automatic roll up door and plenty of custom storage. This home is truly a GEM. The opportunities within this property are endless. INCREDIBLE INVESTMENT POTENTIAL! DONT MISS OUT... THIS HOME HAS IT ALL!!
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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 12, 2018 | Sold | ||
| Sold | |||
| Aug 3, 2018 | Listed by Legacy 15 Real Estate Brokers | $764,900 | |
| Listed by Legacy 15 Real Estate Brokers | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017