949 ELK RD
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 |
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| Jul 26, 2021 | Sold | ||
| Sold | |||
| May 28, 2021 | No longer available | - | |
| No longer available | |||
| May 21, 2021 | Listed by BHHS Fox & Roach-Mullica Hill South | $475,000 | |
| Listed by BHHS Fox & Roach-Mullica Hill South | |||
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It's Time to Wine Down & relax to the Country Life & maybe even make your own WINE. If you don't want a Vineyard with over 11 acres, the possibilities are endless. The country setting is spectacular as you will agree. As you make an entrance on a long driveway, the first thing you will notice is the beautiful front porch - a perfect place to relax. As you enter into the 2 story foyer, you will immediately notice all the natural light & impeccably maintained home. The gleaming REAL hardwood floors & wood staircase are timeless! The dining room & formal living room are spacious & bright! Walk through the foyer & into the Chef's Kitchen which boast with custom cabinetry, granite counter tops, ceramic backsplash & stainless-steel appliances. The large island features plenty of room for seating. This open floor plan has soaring cathedral ceilings and a gas fireplace that will be sure to keep you warm in the cooler months! Off the main living space, you will find a beautiful covered porch where you can enjoy the wonderful view of the magnificent country side! The patio is a true extension of the living space. The spacious master bedroom features a walk-in closet and fantastic Jacuzzi tub in the owners en-suite. A half bathroom, large laundry room,& additional closet storage complete the first floor. The second floor offers a professional office. There are 2 great size bedrooms with plenty of closet space and another full bathroom complete the second floor. The upgrades do not end here, the partial finished basement is the perfect space for watching movies or playing pool! The lower level also offers a workout room, sewing room or whatever you need it to be. The basement has plenty of unfinished room to spare which could be used for a wood shop, storage or anything your imagination would like, oh did I mention the basement is a walkout as well.The home was converted to natural gas about 5 years ago and you will also find a house generator, newer well pump, about 5 year hot water heater, newer central air, speakers throughout the home, central vacuum, built-in ironing board, Anderson windows, All bathroom offer custom ceramic tile, security system and the Christmas lighting package. Just when you when you thought there was plenty of storage here, you realize Wow a large shed too? So Just pack your bags and move right in, all the hard work has been done! Patio overlooks the infinite land that has endless possibilities. Bring the animals and horses! Private gravel driveway leads to the 4 Barn Stable Run in Shed. A 60ft Round pen for your horses (negotiable in sale). 2 paddocks w/run-in shed & solar powered electrical fence. Lots of wonderful views of wildlife. Owner made shooting range on property too. Feel the nostalgia of country living while still close to modern conveniences & major highways. This home is one of a kind ,come fall in love!
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| Apr 27, 2021 | Listed | $450,000 | |
| Listed | |||
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Amazing home situated on a sprawling 11+ Acres of farmland & private living! An Equestrians delight w/incredible opportunity to live in luxury in this meticulously maintained home. 3 Bedrooms, 2.5 Baths & tons of features to boast-you will not be disappointed with this one. Gorgeous open front porch allows country views of the property. Inside, the 2 story foyer welcomes you with a grand embrace. Formal LR & DR are each bright, airy & soaked w/sunlight. Gourmet EIK has the works! Trendy pendent lights drape over a large center island w/plenty of seating. Exceptional storage, SS appliances, ceramic backsplash & much more. Extensive Fam Rm off the kitchen is opened up w/Cathedral Ceilings, Clerestory window & there is a delightful fireplace, too. Stunning HW flrs expand throughout. Neutral tones make the home fresh, bright & easy to move right in & add your own touches. Master BR on the main lvl is so convenient w/a massive WIC & private EnSuite bath offering a tranquil Jacuzzi Tub! 2nd Bedroom on the top flr has a bonus room attached-ideal as an office, storage-whatever you want! 3rd Bedroom is generously sized-just like all of them! Finished basement is yet another feature this home offers. 2 newly installed sump pumps. Huge rec space + bonus room. Patio overlooks the infinite land that has endless possibilities. Zoned for agricultural use you can grow your own crops or produce + newly cultivated 5 acres of land ready for live stock. Private gravel driveway leads to the 4 Barn Stable. A 60 ft Round pen for your horses. Even 2 paddocks w/run-in shed & solar powered electrical fence. Endless wildlife and opportunity for hunting. Property holds a shooting range, too. Newer HWH, well pump, CAC & central vacuum. Water softener + surround sound throughout. Whole home natural gas generator. 2 car attached garage as well as a 1 car detached garage/shed. Nearby local shops & major roads + MORE! COME AND SEE TODAY! The manager has listed the unit size as 2420 square feet.
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| Jan 15, 2019 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017