696 RELIANCE DRIVE
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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 |
|---|---|---|---|
| Nov 14, 2024 | Sold | ||
| Sold | |||
| Oct 4, 2024 | In contract | - | |
| In contract | |||
| Sep 19, 2024 | Listed by RE/MAX Leading Edge | $995,000 | |
| Listed by RE/MAX Leading Edge | |||
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Looking for your dream home? Well, look no further! This gorgeous, expansive home is located in the serene Chapel Grove neighborhood on a premium lot backing to the woods. Featuring three levels, including a fully finished basement, 4 Bedrooms 4.5 Baths, and over 5,000 square feet of living space with a 4 foot bump out! The main level has hardwood floors throughout the formal dining room and living room, spacious family room, eat-in kitchen, as well as the office/study with French doors, and the rear solarium that lets in gorgeous natural light! The kitchen was Customized with and expanded with 4 extra feet, with an extra 2 feet added to the walk-in pantry, as well as a 2 foot expansive for the mudroom with a double closet off of the garage. With a dual staircase, you can head upstairs from the entryway or the kitchen! On the second floor there are 4 bedrooms including a spacious primary suite. The primary suite boasts a tray ceiling, a sitting room, and a large walk-in closet that leads to a luxurious primary bathroom with dual vanities, a walk-in shower, soaking tub, and a private water closet. There are three additional bedrooms on the upper level-one with its own full bathroom and a jack and jill bathroom for the other two bedrooms. Enjoy the convenience of the second floor laundry room. The finished lower level will take your breath away with its huge recreation area, which includes a wet bar with cabinets for ample storage, an exercise room, another full bath, as well as an additional finished room that is perfect for guests! This walk-out basement leads to a gorgeous patio with a built-in firepit and stone wall with a picturesque view of the woods. The peaceful wooded view adds privacy and serenity to this beautiful backyard. Additional features include an underground sprinkler system, a NEW ROOF with a transferable 50 year warranty, new shutters, and a new HVAC unit. The Chapel Grove community also features a community pool, playground, and is adjacent to walking trails. With access to multiple shopping centers, a great school district, proximity to the MARC train, and Route 3-this home is in a prime location and waiting to be your new home!
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| Aug 23, 2007 | Sold | ||
| Sold | |||
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About Odenton
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$3,300 /mo
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$2,850 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017