8686 S Buchanan Way
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 |
|---|---|---|---|
| Nov 15, 2024 | Price Decreased |
$750,000
↓ $45K
(5.7%) | |
| Price Decreased | |||
| Aug 29, 2024 | Price Decreased |
$795,000
↓ $30K
(3.6%) | |
| Price Decreased | |||
| Aug 22, 2024 | Price Increased |
$824,900
↑ $75K
(10%) | |
| Price Increased | |||
| Jul 10, 2024 | Listed by Luxe Living | $750,000 | |
| Listed by Luxe Living | |||
| | |||
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*Home is temporarily withdrawn while the interior is painted, and will be re-listed in January*Solar panels are completely owned!* This home features new interior and exterior paint and the hardwood floors have been refinished and carpets cleaned and stretched. This exquisite 4-bedroom, 4-bathroom residence, complete with a main-floor office and a luxurious movie room, blends modern elegance with everyday comfort. Step into soaring ceilings and an open floor plan designed for seamless living and entertaining. The inviting living room, with a cozy gas fireplace, effortlessly connects to the gourmet kitchen and dining area. A chef's paradise awaits with stainless steel appliances, including double ovens and a gas stove. The expansive kitchen features a large center island, breakfast bar, and a huge walk-in pantry, ideal for culinary adventures. A laundry room with a utility sink, adjacent to a full closet/mudroom off the garage, ensures practicality and ease of living. The 3-car garage boasts a finished floor and is prepped for a garage heater, providing an ideal space for projects or storage. Retreat to the second-floor owner's suite with vaulted ceilings, a spa-like five-piece bath with a soaking tub, and a generous walk-in closet. Two spacious bedrooms share a well-appointed bathroom. The hallway offers built-in shelving, perfect for your personal library. The garden-level basement features a 4th bedroom, a 3/4 bath, and a bar/recreation area. The fully equipped movie room, with tiered seating and included equipment is perfect for cinematic experiences. A hidden entrance leads to a versatile storage/exercise room. Enjoy the benefits of fully owned solar panels and professionally installed Jellyfish lighting, offering endless color combinations for all occasions without the hassle of holiday lights. Explore nearby trails, parks, tennis courts, basketball courts, playgrounds, and a fantastic pool and community center.
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| Jan 5, 2023 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017