833 Richards Drive
About This Property
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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 |
|---|---|---|---|
| Jan 19, 2024 | Sold | ||
| Sold | |||
| Oct 21, 2023 | Listed by Village Realty, Inc. | $414,900 | |
| Listed by Village Realty, Inc. | |||
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Be ready to fall in love with this nearly 2,000 square foot ranch home! Like NEW, as this home is only 3 years old! 833 Richards has a beautiful open floor plan, featuring 9 foot ceilings on the main level! There are 3 bedrooms in this home, including a generously sized master bedroom! Spacious master bedroom suite with step ceiling and crown molding has designer deluxe shower master bath, boasting 5' walk-in shower, dual sink vanity & walk-in-closet. The third bedroom could be easily converted into an office space! This home boasts a charming open foyer, beautiful and efficiently designed kitchen with impressive 42" cabinetry, quartz counters, huge island, SS appliances, & pantry! The large dining area overlooks the living room! And don't forget about the separate, main level laundry room. Enjoy beautiful pond views from the sunroom, back deck, or back patio! This ranch has a classy combination of brick & vinyl exterior! Concrete driveway & 95% efficiency furnace. 2-car garage. Home is only 3 years old. In incredibly well kept condition. Homeowners made a number of upgrades to the home after buying, including electric fireplace, back deck, back patio, upgraded fixtures, and more! Full basement is a blank canvas ready for finishing! Schedule your showing today as this home will not last long!
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| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Oct 1, 2020 | Sold | ||
| Sold | |||
| Aug 7, 2020 | Listed by RE/MAX Ultimate Professionals | $327,000 | |
| Listed by RE/MAX Ultimate Professionals | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017