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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 |
|---|---|---|---|
| Oct 30, 2018 | Sold | ||
| Sold | |||
| Oct 11, 2018 | No longer available | - | |
| No longer available | |||
| Aug 25, 2018 | Listed | $169,900 | |
| Listed | |||
| | |||
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This charming 3 bedroom 1 bath quintessential Cape site on a large corner lot across from the elementary school and playground. Newer roof, newer hot water heater in basement and custom landscaped backyard patio and paver driveway surround this lot along with a one car enclosed garage. There are two bedrooms and one bath on the lower level. The upper level has a large master bedroom with sitting area with two large closets. Living room is 11 x 14. Newer kitchen with brand new refrigerator, newer appliances and newer bathroom complete this home.
| |||
| Aug 1, 2018 | Listed by Action USA Jay Robert Realtors | $169,900 | |
| Listed by Action USA Jay Robert Realtors | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017