1 Independence Rd.
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 23, 2024 | In contract | - | |
| In contract | |||
| Jun 21, 2024 | Sold | ||
| Sold | |||
| Apr 29, 2024 | Listed by Kinlin Grover Compass | $538,500 | |
| Listed by Kinlin Grover Compass | |||
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Renovated Ranch styled home located on Cape Cod, MA. Features comfortable 1st floor living, hardwood floors thru-out, newer gas fireplace produces heat with blower unit, making the living room area cozy and warm. Updated kitchen, stainless steal appliances, gas stove for the family chef's enjoyment, bright and open kitchen and dining area. with access to new composite deck for summertime cook-outs. Updated Bathroom, spacious and large master bedroom. Oversized 1 car garage with exterior rear door for fenced back yard access. Two sheds for additional storage. Generator and all appliances included. Lower level has a current building permit for a family room.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017