724 Marsh Grass Drive
About This Property
The heart of the home is an Open Vaulted Family and Dining Area, complete with a cozy fireplace, perfect for gatherings and relaxation. Upstairs, discover a spacious Loft area, a separate nook designated as a work space or library. The mirrored secondary bedrooms offer ample space with double closets. The Hall Bath features a large single vanity and bath/tub combo.
Outside, enjoy privacy and the outdoors in the fenced backyard. The community amenities are a highlight, including access to Four Lakes, a Clubhouse with Pool, two shaded Tennis Courts, a Playground, and Volleyball Area, providing plenty of options for leisure and social activities. Residents can also enjoy fishing, kayaking, paddle boarding, and canoeing on the serene lakeside. A volleyball sand court complements the lakeside activities. Additional amenities include shaded tennis courts, a playground, and proximity to the greenway.
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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 |
|---|---|---|---|
| Aug 7, 2024 | Sold | ||
| Sold | |||
| Jul 10, 2024 | Listed by Coldwell Banker HPW | $359,900 | |
| Listed by Coldwell Banker HPW | |||
| | |||
|
Welcome to this Attractive Village Lakes home featuring a main level Primary Bedroom Suite. Recently updated, the Kitchen showcases quartz countertops, new cabinets, a decorative backsplash, Samsung appliances, and luxurious natural wood vinyl flooring, complemented by a charming bay window. The convenience continues with a Main floor Laundry Room.
The heart of the home is an Open Vaulted Family and Dining Area, complete with a cozy fireplace, perfect for gatherings and relaxation. Upstairs, discover a spacious Loft area, a separate nook designated as a work space or library. The mirrored secondary bedrooms offer ample space with double closets. The Hall Bath features a large single vanity and bath/tub combo.
Outside, enjoy privacy and the outdoors in the fenced backyard. The community amenities are a highlight, including access to Four Lakes, a Clubhouse with Pool, two shaded Tennis Courts, a Playground, and Volleyball Area, providing plenty of options for leisure and social activities. Residents can also enjoy fishing, kayaking, paddle boarding, and canoeing on the serene lakeside. A volleyball sand court complements the lakeside activities. Additional amenities include shaded tennis courts, a playground, and proximity to the greenway.
| |||
| Apr 20, 2020 | Sold | ||
| Sold | |||
| Mar 22, 2020 | No longer available | - | |
| No longer available | |||
| Mar 20, 2020 | Price Decreased |
$212,000
↓ $13K
(5.8%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017