1113 Mayflower Avenue
About This Property
Prestigious Arcadia School District + Exceptional large flat lot of 18,920 SQFT (per public record 57Wx332D), offers great opportunity to build your dream home, surrounding by impressive newly built custom homes.
This lovely traditional style home features 3 Bedrooms and 2 newly updated bathrooms, open kitchen with granite countertops, high vaulted ceiling at Family room, wide covered patio and large back yard perfect for family gathering and entertaining. Beautifully situated at a rare-to-find treeline street, also close to everything such as schools, supermarkets, shops, restaurants...and many more.
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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 19, 2020 | Sold | ||
| Sold | |||
| Jul 17, 2019 | Listed by RE/MAX 2000 REALTY | $1,199,000 | |
| Listed by RE/MAX 2000 REALTY | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017