86 Jerusalem Avenue
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 |
|---|---|---|---|
| Apr 3, 2025 | Sold | ||
| Sold | |||
| Feb 19, 2025 | In contract | - | |
| In contract | |||
| Jan 25, 2025 | Price Decreased |
$749,999
↓ $49K
(6.1%) | |
| Price Decreased | |||
| Jan 13, 2025 | Listed by Keller Williams Legendary | $799,000 | |
| Listed by Keller Williams Legendary | |||
| | |||
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Welcome to your dream home! This stunning two-story colonial residence perfectly blends traditional elegance with modern comforts, situated in the highly sought-after neighborhood of Massapequa. As you approach this lovely home, you’ll be greeted by its classic façade and a beautifully manicured front yard, setting the tone for what lies within. Step inside to discover a spacious living room bathed in natural light from large windows that frame picturesque views of the outdoors. The warm ambiance is enhanced by gleaming hardwood floors that flow seamlessly throughout the main level. Whether you’re hosting gatherings or enjoying quiet evenings at home, this inviting space is perfect for all occasions. The heart of this home is undoubtedly the eat-in kitchen—a culinary haven featuring ample counter space and cabinetry for all your cooking needs. Adjacent to the kitchen is a cozy living room where cherished memories will be made, providing an ideal spot for relaxation and entertainment. Retreat upstairs to find a luxurious primary bedroom that boasts an en-suite bathroom and a thoughtfully designed built-in closet—your personal sanctuary awaits! The second floor also features a newly renovated bathroom that exudes modern sophistication, ensuring comfort for everyone. But that’s not all—this property offers a newly renovated full finished basement that provides endless possibilities! Transform it into a game room, home office, or additional living space; the choice is yours. Step outside into your expansive backyard oasis, perfect for summer barbecues or serene evenings under the stars. With plenty of space for outdoor activities and gardening, this backyard truly enhances your lifestyle. Completing this exceptional property is a two-car garage providing convenience and additional storage options. With a new roof ensuring peace of mind for years to come, this home stands ready for its next chapter. Don’t miss out on this rare opportunity to own such an exquisite colonial gem in Massapequa!
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| Aug 20, 2024 | Withdrawn | - | |
| Withdrawn | |||
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About Massapequa
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$5,500 /mo
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$4,200 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017