702 BUCKINGHAM DR
About This Property
This is the ONE you have been waiting for. Super private, corner lot, the vacant lot next door, and built on an oversized lot, in sought-after Bay City.
The entire first floor has been extensively renovated with over $100k of upgrades and renovations in the last 3 years, creating a space that seamlessly blends modern convenience with timeless charm. The attention to detail and the use of high-quality materials make it truly stand out.
Make a grand entrance through the newly installed front door and storm door into the two-story foyer. The sitting room will greet you off of the foyer followed by the dining room featuring wainscot paneling.
The heart of this home has been transformed into a chef's dream. The centerpiece of the kitchen is a spacious island, perfect for meal preparation and gatherings. You'll love the 36", farmhouse, oversized sink, and gas stove, which adds a touch of elegance to your culinary experience. The stunning quartz counters are not only beautiful but also highly durable. The subway tile backsplash adds a touch of sophistication, and the upgraded hardware and lighting fixtures provide both style and functionality. You'll find this kitchen to be the perfect hub for your home.
In the living room, you will find matching quartz on the gas fireplace surround with a custom fireplace mantle. This same quartz is featured in the first-floor half bath.
Other first-floor upgrades include new craftsman-style interior doors. These doors not only add character but also complement the overall aesthetic of the home. Plantation shutters offer an element of privacy and add a touch of Southern charm. Crown molding graces the ceilings, giving each room an elegant and finished look. Birch hardwood floors throughout the home add warmth and charm, while also being easy to maintain. Enjoy the benefits of a tankless water heater, ensuring a constant supply of hot water while maximizing energy efficiency.
Upstairs you will find 4 spacious bedrooms and 2 full bathrooms. The primary bedroom features a walk-in closet and spacious shower. Lots of additional storage can be found in the two-car attached garage.
Step outside, and you'll discover a true outdoor paradise with a half-acre lot that is partially fenced, bring the dog. The extensive paver patio provides ample space for outdoor gatherings, barbecues, and relaxation and it's complemented by a "SunSetter" awning. Plenty of room for a pool oasis in the backyard.
Bay City is Kent Island's premier neighborhood. This home is located less than 5 minutes from the Bay Bridge. The community features a beach, boat ramp, waterfront pavilion, playground, and firepit to enjoy on the Chesapeake Bay. The community hosts numerous holiday events, including a spring sock burning party on the waterfront beach! How fun?!
BACK ON THE MARKET POST HOLIDAYS. READY TO SELL!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Mar 1, 2024 | Sold | ||
| Sold | |||
| Jan 21, 2024 | In contract | - | |
| In contract | |||
| Jan 12, 2024 | Relisted | $682,000 | |
| Relisted | |||
| Nov 19, 2023 | No longer available | - | |
| No longer available | |||
| Nov 3, 2023 | Listed by RE/MAX Executive | $682,000 | |
| Listed by RE/MAX Executive | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017