9430 FLOWERDEN
About This Property
Well maintained Fairmont "Bayport" model in Wellington. Over 2300 sq ft finished on almost a 1/4 acre. 4 large bedrooms, 2.5 bath. Private Study off foyer. Huge eat in Kitchen w/ Corian counters and lots of cabinet space. Kitchen opens up to custom deck overlooking large fully fenced in yard. Family Room w/ brick wood burning fireplace. Separate dining room and living room. 2 Car Garage. Basement is unfinished with tons of potential and bath rough in. Roof is under 5 years old. Carpet is under 2 years old. Close to schools, hospital, commuter trains and parking and shopping. Come take a peek at this beauty and make sure you check out the virtual tour.
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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 5, 2024 | Sold | ||
| Sold | |||
| Mar 12, 2024 | In contract | - | |
| In contract | |||
| Mar 6, 2024 | Relisted | $575,000 | |
| Relisted | |||
| Feb 9, 2024 | In contract | - | |
| In contract | |||
| Feb 6, 2024 | Listed by KW United | $575,000 | |
| Listed by KW United | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017