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741 Deer Clover Cir
About This Property
This home is brimming with updates, ensuring peace of mind for years to come. A newer roof (2020), water softener (2021), exterior paint (2020), furnace (2020), washer and dryer (2020), and LED lighting throughout make this home as functional as it is beautiful. The unfinished garden-level basement offers over 1,000 sq/ft of potential living space, complete with a rough-in for a future bathroom, allowing you to customize it to your needs. The outdoor space is equally impressive, with mature trees providing privacy and a tranquil backdrop for relaxation. The 3-car tandem garage offers plenty of room for vehicles and storage. Located within a short distance to Timber Trail Elementary School, this home is perfect for those seeking convenience and a strong sense of community.
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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 21, 2024 | Sold | ||
| Sold | |||
| Oct 2, 2024 | In contract | - | |
| In contract | |||
| Sep 21, 2024 | Price Decreased |
$675,000
↓ $25K
(3.6%) | |
| Price Decreased | |||
| Sep 6, 2024 | Price Decreased |
$699,900
↓ $50K
(6.7%) | |
| Price Decreased | |||
| Jul 16, 2024 | Price Decreased |
$750,000
↓ $25K
(3.2%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017