1024 Heatherfield Avenue
About This Property
Outside, enjoy summer evenings and BBQs in the backyard bordered by block walls and scenic views of the lights at night and mountains during the day. Inside, the hallway leads to a full hall bathroom, complemented by vaulted ceilings throughout. The spacious master bedroom features decorator ledges, a ceiling fan/light, and dual large mirrored closets, with a sliding glass door providing access to the covered patio. A second bedroom vaulted ceilings, plus a versatile third bedroom or office complete this inviting home.
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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 9, 2024 | Sold | ||
| Sold | |||
| Jun 21, 2024 | Listed by Redfin Corporation | $378,500 | |
| Listed by Redfin Corporation | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017