11430 MICHAEL AVE
About This Property
The spacious eat-in kitchen features a laundry closet and a pantry, providing ample storage and functionality for your daily routines. The home includes generous storage closets throughout, ensuring you have plenty of space for all your belongings.
Enjoy your morning coffee or evening relaxation on the covered front porch, and make use of the additional storage shed for all your outdoor equipment and tools. This delightful rancher is the perfect blend of comfort, style, and convenience, waiting for you to make it your own.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Aug 14, 2024 | Sold | ||
| Sold | |||
| Jul 1, 2024 | Listed by Keller Williams Realty | $290,000 | |
| Listed by Keller Williams Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017