11226 Random Way
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 |
|---|---|---|---|
| Sep 6, 2024 | Sold | ||
| Sold | |||
| Jun 30, 2024 | Price Decreased |
$850,000
↓ $35K
(4%) | |
| Price Decreased | |||
| May 31, 2024 | Price Increased |
$885,000
↑ $35K
(4.1%) | |
| Price Increased | |||
| Apr 5, 2024 | Listed | $850,000 | |
| Listed | |||
| Sep 29, 2023 | Listed | $910,000 | |
| Listed | |||
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This is a great opportunity to own a home on an acre parcel in a perfect location; A dream property located in Brownsville Subdivision, this home is tucked away on a corner lot, but just a few blocks away you can have easy access to Erie, Boulder and Denver. This lovely, well maintained home boasts 3 beds and 2 baths, a large main bedroom with a beautiful bathroom, built in book shelves for books or personal items to display; the kitchen offers 2 dishwashers, gas stove top, a very large island and a south facing window overlooking the beautiful backyard. The lower level family room features a brick fireplace with overhead lighting and a North facing window boasting natural light, and the amazing office with built in shelving. Two car heated oversized garage with access to the back yard makes this a perfect home! The outside will not disappoint as you relax on the front porch or the back deck each looking out at beautiful, mature landscaping and serene and peaceful surroundings. There is also a privacy fence in the back yard. It doesn't end there, you will appreciate there is no HOA, plenty of space to store your RV, boat or other outdoor toys, a barn, and two sheds or bring your horses or goats. All windows have been updated over time with the last (6) windows in 2021, new siding and new roof in 2021, newer HVAC within the last (5) years, sprinkler system and drips, new driveway rock added in 2023 and new garage door. Don't miss this opportunity!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017