1025 Inspiration Drive
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 |
|---|---|---|---|
| Aug 17, 2022 | No longer available | - | |
| No longer available | |||
| Jul 20, 2022 | In contract | - | |
| In contract | |||
| Jul 2, 2022 | Relisted | $249,000 | |
| Relisted | |||
| Jun 24, 2022 | In contract | - | |
| In contract | |||
| Jun 3, 2022 | Listed by CAPRE | $249,000 | |
| Listed by CAPRE | |||
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Lovingly maintained vintage cabin on flat lot. This vintage cabin has the original interior doors and restored hardwood flooring that maintains the vintage charm. Updates include plumbing and electrical, tiled bathroom and kitchen flooring, new carpet in bedrooms, and new vinyl windows and exterior doors. The cabin is listed as 1 bedroom but lives like 2 bedroom. There is an attached 1 car garage. This is the best value move-in ready cabin in the area. The manager has listed the unit size as 550 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017