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7257 Mandarin Drive
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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.
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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 |
|---|---|---|---|
| Dec 27, 2019 | Sold | ||
| Sold | |||
| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
| Jul 10, 2018 | Listed by Leibowitz Realty Group, LLC./PBG | $627,000 | |
| Listed by Leibowitz Realty Group, LLC./PBG | |||
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Major price reduction. Best value for a 5 bedroom + office updated home that's walking distance to houses of worship. Significant outdoor entertaining space. 2 of the 5 bedrooms are upstairs in the guest house each with en-suite baths. Guest house also has a loft, additional full cabana bath, media room, and large deck. Gourmet kitchen with custom cabinetry, quartz and granite counters plus a generous pantry. His and hers master bathrooms. New custom closet built-ins throughout. Newer A/C units with Nest thermostats. Peaceful location with rear southern exposure and wide golf course views. Short walk to all amenities. Boca Grove is an understated elegant country club with only 440 residences. No tee times on the renovated Jim Fazio golf course. 12 Har-Tru clay tennis courts + pickleball.
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| May 30, 2018 | Relisted | $797,500 | |
| Relisted | |||
| Jul 30, 2017 | Listed | $797,500 | |
| Listed | |||
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Enjoy this renovated spacious home with significant outdoor entertaining space. 5 bedrooms + office including the guest house with 2 bedrooms, 2 en-suite baths, loft, additional full cabana bath, media room, and large deck. Well equipped gourmet kitchen with custom cabinetry, quartz and granite counters plus a generous pantry. His and hers master bathrooms. New custom closet built-ins throughout. New A/C units with Nest thermostats. Peaceful A+ location with rear southern exposure and wide golf course views. Short walk to all amenities. Boca Grove is an understated elegant country club with only 440 residences. No tee times on the renovated Jim Fazio golf course. Show up and play. Acclaimed tennis program with 12 Har-Tru courts. Several eating options offer top notch food and service. The manager has listed the unit size as 4151 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017