7725 BARNSTABLE PLACE
About This Property
If the outdoor space is not enough for you then enter this meticulously maintained and updated home featuring an open concept main level with spacious formal living and dining rooms, updated table space kitchen with newly replaced stainless steel appliances, abundance of cabinetry for storage space, separate breakfast nook for eating, and large family room exiting to rear deck and yard. The home also boasts an upper level with 5 spacious bedrooms, including a front to back owner's suite with walk-in closet and en suite bath, 2nd full bath and new carpet and paint. The walk-out lower level features a large open rec room with newly upgraded carpet and padding, 2nd half bath, enormous storage/work room and walk-in closet for added storage space.*******
This amazing home is also owned by its original owners and features an abundance of upgrades from replaced dual pane windows, and hardwood floors, to upgraded kitchen, appliances, siding and more! This is the one you have been waiting for.....welcome home!
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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%.
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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.
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 |
|---|---|---|---|
| Sep 9, 2022 | Sold | ||
| Sold | |||
| Jul 14, 2022 | Listed by Weichert, REALTORS | $624,900 | |
| Listed by Weichert, REALTORS | |||
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About Redland
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017