7049 SE Birchwood Lane
About This Property
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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 |
|---|---|---|---|
| Jun 21, 2024 | Sold | ||
| Sold | |||
| Jan 25, 2024 | Listed by Berkshire Hathaway Florida Realty | $169,500 | |
| Listed by Berkshire Hathaway Florida Realty | |||
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Beautiful home is super clean, lovingly cared for, move-in ready and located towards the back of the Estates in a private and quiet area of the community. New roof (2022) and water heater, attractive ceiling fans & light fixtures throughout. The interior is renovated with on-trend finishes and tasteful decor such as high-end window treatments/blinds, wood beam along vaulted ceiling, luxury vinyl flooring (no carpet). There are big closets, lots of storage, an outside workshop & hurricane shutters. Spacious kitchen opens to the covered and newly screened patio with private views to the lush landscape and backyard area. Newer & upgraded appliances, modern vent fan/hood, quartz countertops, tile back-splash, pantry, nook and white cabinets in the kitchen. Lovely bathrooms have newer white vanities and comfort height toilets. Land lease community monthly fee of $821.69 includes landscape, trash removal, 2 clubhouses, heated pools, tennis & pickleball and beautiful grounds.
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| Apr 22, 2022 | Sold | ||
| Sold | |||
| Mar 22, 2022 | Listed by RE/MAX Ultimate Realty | $85,000 | |
| Listed by RE/MAX Ultimate Realty | |||
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About Martin
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$3,400 /mo
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$1,500 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017