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8471 Paragrass Avenue
About This Property
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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.
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 |
|---|---|---|---|
| Oct 1, 2024 | Sold | ||
| Sold | |||
| Aug 12, 2024 | In contract | - | |
| In contract | |||
| Aug 6, 2024 | Listed by Real Broker, LLC | $995,000 | |
| Listed by Real Broker, LLC | |||
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Luxurious contemporary living awaits in this Montgomery I model boasting 4 bedrooms, and 3 bathrooms in 2798 sq ft. of meticulously designed space. Inside, discover a custom-built family room with abundant storage solutions and triple sliders revealing an extended lanai overlooking a serene water view. The spacious gourmet kitchen is a chef's paradise, with high-end finishes, a gas cooktop, a large center island, a cozy coffee bar, and a huge pantry for ample storage. A standout feature of this home is the two versatile flex rooms. The first showcases sophisticated double glass entry doors, and a stylish split barn door distinguishes the second. Outdoor living is a dream with a kitchen complete with a Coyote grill, beverage center, and custom gas hookup ready for an optional pizza oven. Enjoy casual dining with bar seating for 4, perfect for hosting gatherings with family & friends. A solar-heated pool ensures year-round comfort and energy efficiency, while a gated side yard provides privacy and security.
Additional features include a convenient pool bath, a spacious 2.5-car garage, and an extended laundry/mudroom.
Living in Stonecrest, you'll experience resort-style amenities at Addison Village Club. The new neighborhood Publix grocery, shopping, restaurants, walking paths, bike trails, dog parks, and playgrounds are just a stroll or golf cart ride away.
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| Aug 17, 2022 | Listed by Non-MLS or Out of Area | $723,257 | |
| Listed by Non-MLS or Out of Area | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017