10 Garland Trail
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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 |
|---|---|---|---|
| Sep 27, 2024 | Sold | ||
| Sold | |||
| Aug 1, 2024 | In contract | - | |
| In contract | |||
| Jun 10, 2024 | Listed by Weichert Realtors | $315,000 | |
| Listed by Weichert Realtors | |||
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Come see this newly listed 1960s renovated ranch-style home! You'll enjoy sitting on the covered back deck overlooking the fully fenced, nicely landscaped private yard. There are 2 driveways, allowing for 4 car parking, one on Garland and the other on Glenwood Rd. Big shed for storage, and a detached garage. The seller is offering the generator and some furniture and is ready to close fast! This home has been well-maintained with a recently updated electrical panel inside, and O&R replaced the electrical panel leading from the road. Additionally, the kitchen was refreshed about 6 yrs ago; the water heater was replaced (approx. 1 yr ago), the furnace and oil tank replaced (approx. 5 yrs ago), and a new covert door for the basement was added. Roof is about 5-6 years old with 50 year shingles and transferable warranty. Middletown Septic put in a Belgium leach field system 10 yrs ago and services every other year. Parker water company supplies water. Generator and stove uses propane.
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| Dec 29, 2006 | Sold | ||
| Sold | |||
| Apr 29, 1998 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017