111 Rumsey Road
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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 22, 2022 | Sold | ||
| Sold | |||
| Aug 27, 2021 | Listed by Houlihan Lawrence Inc. | $429,000 | |
| Listed by Houlihan Lawrence Inc. | |||
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Truly a once in a life time opportunity to own in the Wonderful Park hill section of Yonkers. This Colonial home offers an additional lot measuring 39x124. Originally the home appears to be a four bedroom and is being utilized today as a spacious 3 bedroom, 1 full bath. There is also a half bath in the unfinished basement. Property is in need of updates and seller is not considering traditional FHA financing. Tremendous amount of future potential to turn this in to your dream home. Convenient access to all major highways and public transportation. As a Park Hill resident you can become a member of the Park Hill Racquet Club and enjoy the yearly activities.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017