720 BALMORAL Lane
About This Property
Welcome home! This ABSOLUTELY STUNNING, COMPLETELY RENOVATED 4 bedrooms, 3 baths, 3,033 sq ft cul-de-sac home has it all. Owners did not spare any expense. You will fall in love with the ATTENTION TO DETAIL IN EVERY ASPECT of this BEAUTIFULLY LANDSCAPED HOME located in the prestigious guarded community of Loch Rane. As you walk through the front door, you are greeted by a bright open concept living /dining room area with a one-of-a-kind atrium that adds a lot of character to this unique space. The turn-key property includes the following updates (2024): brand new roof, all new HVAC systems, 2 new hot water tanks, and luxury vinyl plank flooring throughout. The interior and exterior were freshly painted. All bathrooms were completely remodeled with all new vanities, ceramic tile floors and surrounds. The master bathroom is a complete masterpiece with a beautiful free-standing tub for a complete tranquil ambience. All interior doors were updated and the main garage door was replaced (2024). All plumbing fixtures and light fixtures were updated to a black matte finish to keep a custom look. The kitchen has all new white soft-close cabinets with upgraded Samsung stainless-steel appliance set, quartz countertops and modern style backsplash. The focal point of the home is the family room which has a decorative panel wall with an electric fireplace to bring everyone together.
As you step outside, you enter your own backyard oasis! To add to the curb appeal of the home, the landscaping was fully updated with plants throughout. The gorgeous backyard is completely fenced in and includes a shed for extra storage.
Set up your private tour today and don't miss the opportunity to own your dream home!
**VIRTUAL SHOWING WITH DRONE PICTURES AVAILABLE!!!
One or more photo(s) have been virtually staged
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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 |
|---|---|---|---|
| Mar 25, 2025 | Sold | ||
| Sold | |||
| Mar 4, 2025 | In contract | - | |
| In contract | |||
| Feb 20, 2025 | Price Decreased |
$499,900
↓ $10K
(2%) | |
| Price Decreased | |||
| Feb 15, 2025 | Price Decreased |
$509,900
↓ $10K
(1.9%) | |
| Price Decreased | |||
| Feb 7, 2025 | Price Decreased |
$519,900
↓ $5K
(1%) | |
| Price Decreased | |||
Property Highlights
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About Bellair-Meadowbrook Terrace
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017