989 Garrett Way
About This Property
Welcome HOME to this beautiful 5 Bedroom, 3 Bath home with Great Curb Appeal in a lovely area of San Jacinto. As you cross through the white fencing and gate that surrounds the front yard, you're led to the front door and into the formal living room. The open floor plan leads you to the formal dining room. As you walk into the spacious kitchen you're greeted with the center island, white cabinetry, granite countertops, and recessed lighting. The kitchen smoothly transitions into a welcoming and expansive family room with fireplace. Adjacent to the family room is the guest bathroom and bedroom that can also be converted to a home office. Alongside the bathroom you'll find the laundry room which leads to the 3-car garage. On the second floor the master bedroom features a large vanity area with double sinks and an extremely spacious walk-in closet. A soak tub and separate shower complete the master bath. In addition to the master bedroom, 3 additional bedrooms are located upstairs all inclusive with ceiling fans. The 3rd bathroom, and an office niche with built in desk complete the second floor. Venture out back to the large landscaped yard with beautiful wood covered patio. Great location, close to Schools, Parks, Hospital, Stores, and Entertainment.
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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 |
|---|---|---|---|
| Aug 31, 2020 | Sold | ||
| Sold | |||
| Jun 20, 2020 | Listed by CROSSCOUNTRY REAL ESTATE | $369,900 | |
| Listed by CROSSCOUNTRY REAL ESTATE | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017