112 Red Cloud Drive
About This Property
This spacious, centrally located home sits minutes from L3, shopping and dining. It features 4 bedrooms, 2 baths and a 3 car garage! The fourth bedroom could also function as a home office or craft room. Enjoy evenings on the covered back patio with plenty of privacy provided by the upgraded wood fence. A split bedroom floor plan offers a true master retreat with a garden tub, large, walk in closet, dual sinks and a separate shower. The spacious kitchen and dining area are open to the large living area and has plenty of windows that provide wonderful natural light. Come see all of the possibilities that this home offers.
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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 |
|---|---|---|---|
| Dec 13, 2021 | Sold | ||
| Sold | |||
| Oct 30, 2021 | Listed by All City Real Estate, Ltd. Co. | $237,900 | |
| Listed by All City Real Estate, Ltd. Co. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017