701 Avonglen Terrace
About This Property
sliding glass door provide spectacular views and private access to the backyard. The 2 additional bedrooms are equally impressive, offering generous space and ample closet storage. These bedrooms share a beautifully designed full bathroom with dual sinks. The private backyard is a standout feature, offering expansive space, stunning city views, and a central sparkling pool and jacuzzi. Enjoy outdoor living at its finest with a well-designed deck and a cozy firepit, ideal for relaxing evenings and entertaining guests. This exceptional property seamlessly blends elegance and comfort, offering an unparalleled setting for creating lasting memories.
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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 |
|---|---|---|---|
| Oct 31, 2024 | Sold | ||
| Sold | |||
| Oct 1, 2024 | In contract | - | |
| In contract | |||
| Aug 7, 2024 | Listed by JohnHart Real Estate | $2,195,000 | |
| Listed by JohnHart Real Estate | |||
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About Woodbury
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017