9 Mayfair Terrace
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 |
|---|---|---|---|
| Jun 7, 2024 | Sold | ||
| Sold | |||
| Apr 9, 2024 | In contract | - | |
| In contract | |||
| Mar 18, 2024 | Listed by Douglas Elliman Real Estate | $649,000 | |
| Listed by Douglas Elliman Real Estate | |||
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Welcome home to 9 Mayfair Terrace! This lovely expanded ranch presents an exceptional opportunity to reside in Commack. Upon entry, you're greeted by a spacious dining room that seamlessly transitions into the inviting sunken den, featuring a charming wood-burning fireplace and sliding glass doors leading to the backyard. The tastefully updated Eat-In-Kitchen, renovated in 2015, is meticulously maintained. The primary suite offers a serene setting with its ensuite bath, dual closets, and access to the back deck, providing views of the yard and refreshing pool. Completing the main level are two additional bedrooms and an updated hall bath, ensuring comfort and convenience for residents and guests alike. Descending to the lower level, a full basement awaits, housing the utility room with laundry facilities, oil burner, and a gas hot water heater. Outside, the expansive backyard presents an inground vinyl pool (with a liner replaced 3 years ago), fenced in for privacy and safety. Enjoy outdoor gatherings on the covered patio or wood deck, creating cherished memories with loved ones. Crown molding and hardwood floors (beneath the carpet) throughout, adding elegance and character to each space. Other notable features include central air conditioning (20 years old) and recent upgrades including the roof and front siding (2014/2015). Come See For Yourself and Fall In Love....
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017