9901 SW 59th CIRCLE
About This Property
One notable feature is that the home has no neighbors behind it, offering more privacy and potentially a pleasant view of the surrounding trees. Additionally, the screened lanai provides a comfortable outdoor space to enjoy the surroundings.
With the home priced for renovations, it's a fantastic chance for you to personalize and customize the property according to your preferences. Whether it's updating the interior design, remodeling the kitchen or bathrooms, or adding your own unique touches, you have the opportunity to make this house truly your own.
Overall, with its desirable features and potential for customization, this property in Cherrywood Estate could be a wonderful opportunity for you to create your ideal living space.
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Cap Rate Calculator
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 16, 2023 | Sold | ||
| Sold | |||
| Oct 17, 2023 | In contract | - | |
| In contract | |||
| Oct 7, 2023 | Price Decreased |
$220,000
↓ $5K
(2.2%) | |
| Price Decreased | |||
| Oct 3, 2023 | Price Decreased |
$224,999
↓ $4K
(1.8%) | |
| Price Decreased | |||
| Sep 30, 2023 | Price Decreased |
$229,000
↓ $8K
(3.2%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017