6909 COURAGEOUS CIRCLE
About This Property
The immaculate interior offers many upgrades and improvement to include a 35 KW whole house generator. The kitchen has been totally remodeled and expanded and offers tall cabinets, island with gas cooktop, recessed lights, custom pantry with slide out drawers, tile backsplash, built-in window bench, wall oven with warming drawer & more. The main level has lovely hardwood floors. The kitchen opens directly to family room which has custom built-ins, recessed lights and gas fireplace with marble surround. The windows have been replaced & Pella sliding doors on main and lower level. The seller upgraded to dual zone HVAC which is rarely found in this price range. This large home offers 5 bedrooms all upstairs. The generous sized primary suite has a walk-in closet & remodeled bath with double sinks. The full bath in the hallway was also remodeled.
The sunny walkout lower level is very spacious. It features a recreation room, beautiful full bath, utility room, workshop, cedar closets & laundry/craft room.
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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 |
|---|---|---|---|
| Oct 5, 2022 | Sold | ||
| Sold | |||
| Aug 19, 2022 | Listed by Weichert, REALTORS | $849,950 | |
| Listed by Weichert, REALTORS | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017