705 Landing LN
About This Property
The house greets you with a bright and airy open concept layout, perfect for entertaining and family gatherings. The east-facing orientation ensures abundant natural light throughout the day. The flex room offers customizable space suited for an office, gym, or playroom, catering to all your lifestyle needs. Each room boasts tasteful finishes and ample room for both relaxation and activity.
Experience indoor-outdoor living with a covered patio and a spacious yard that backs to private land, providing a personal retreat and space for outdoor activities. The property includes a 3-car garage, providing plenty of storage and parking.
Located mere minutes from Devine Lake Park and within a short drive to Glenn High School's soccer field, Randalls for your grocery needs, and Turimex International Bus Station, this home is surrounded by convenience. Plus, the area is booming with new commercial and retail developments, enhancing the neighborhood's amenities and appeal.
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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 |
|---|---|---|---|
| Nov 3, 2024 | No longer available | - | |
| No longer available | |||
| Nov 1, 2024 | In contract | - | |
| In contract | |||
| Sep 4, 2024 | Price Decreased |
$525,000
↓ $24K
(4.4%) | |
| Price Decreased | |||
| Jun 5, 2024 | Price Decreased |
$549,000
↓ $10K
(1.8%) | |
| Price Decreased | |||
| May 16, 2024 | Listed by eXp Realty, LLC | $559,000 | |
| Listed by eXp Realty, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017