11349 W 51st Dr
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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 26, 2024 | Sold | ||
| Sold | |||
| Aug 28, 2023 | Listed by Richmond Realty Inc | $668,950 | |
| Listed by Richmond Realty Inc | |||
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**!!READY SPRING 2024!!**This modern, standalone Devoe cityscape is waiting to impress its residents with three stories of smartly inspired living spaces and designer finishes throughout, along with a stunning rooftop terrace. A spacious study, along with the 2-car garage access, greets on you on the lower level. The main floor is ideal for entertaining with its open living room and balcony - both ideal for meals and conversation. The gourmet kitchen features a large, quartz center island and stainless-steel appliances. Retreat upstairs to find two generous bedrooms with a shared bath that makes perfect accommodations for family or guests. The laundry rests near the primary suite which showcases a private bath and immense walk-in closet.**Ask about our special offers. Call 303.850.5757 to schedule a tour today!**
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About Appleridge Estates
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Last Updated: 3 months ago
Data Source: REcolorado MLS, MLS# IRE5924649
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017