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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 |
|---|---|---|---|
| Mar 24, 2023 | Sold | ||
| Sold | |||
| Jan 19, 2023 | Listed by RE/MAX Horizon | $219,900 | |
| Listed by RE/MAX Horizon | |||
| | |||
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Hurry! Best kept secret in town! Small unincorporated area right on the edge of city limits! Awesome expansive 4 car garage works great for a shop and storage! Cozy living room with hardwood floors! Very functional eat-in kitchen with extra cabinets! 1st floor master bedroom with walk-in closet! Entire 2nd floor finished off could be great for storage! Newer roof, furnace and some newer windows! Quick access to Business 20, shopping and transportation! Great first time home buyer or empty nester home! Make us an offer!
| |||
| Dec 21, 2021 | Sold | ||
| Sold | |||
| May 30, 2021 | Listed by Keller Williams Realty Signature | $155,000 | |
| Listed by Keller Williams Realty Signature | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017