706 Windbound Avenue
About This Property
This lovely home has a spacious open entry with tile flooring and natural lighting. Your living and dining room welcomes you with a generous living and entertainment space. On the right of entry is an office or potential 4th bedroom with carpeted flooring and ceiling fan. Just past the formal dining area is a beautiful kitchen with lots of natural lighting! An island sits perfectly in the kitchen giving more counter space and for those who love lots of cabinetry this one has plenty. Sweeping MOUNTAIN VIEWS provide a wonderful addition too! The family living room is nestled next to the kitchen making it a perfect match after you grab your favorite beverage and snack. The family living room also has a gas fireplace and an entertainment nook. As you move down the hall there are 2 nice sized bedrooms with ceiling fans, and a guest bathroom with dual vanity sinks along with a tub and shower. At the end of the hall is the oversized master bedroom with VIEWS OF MOUNTAINS AND HILLS. The master bathroom has a vanity with dual sinks, a soaking tub and a stand-up shower with glass doors. The large walk in closet has built in shelves allowing for plenty of storage. At the opposite end of the hall is the laundry room with access to the 3-car garage. Backyard has a large Alumawood covered patio, grass area and a large side yard. This home sits on a quiet street with NO HOA and low taxes
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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 |
|---|---|---|---|
| Jul 5, 2018 | Sold | ||
| Sold | |||
| May 17, 2018 | Listed by Coldwell Banker Res Brokerage | $359,900 | |
| Listed by Coldwell Banker Res Brokerage | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017