11506 Mullins Drive
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 |
|---|---|---|---|
| Dec 27, 2021 | Sold | ||
| Sold | |||
| Nov 24, 2021 | Listed by TMND Realty | $399,900 | |
| Listed by TMND Realty | |||
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This beautiful one-story home in Westbury has been completely remodeled and is available for move-in before Christmas! Experienced renovators took this home down to the studs, creating an open concept and carefully updating every aspect to make it perfect for today’s living. Updates include Pex plumbing, updated electrical and HVAC systems, tankless water heater, new roof, Low-E windows, additional blown-in insulation, and an ALL-NEW garage built from the slab up. All new appliances with manufacturer warranty, new durable water-resistant engineered wood flooring, beautiful ceramic tile, and carpet in the secondary bedrooms. All cabinetry, quartz counters, plumbing fixtures, lighting fixtures, interior doors, etc. have been updated…it’s like a new home! The property is NOT in a flood plain and has not flooded per prior owners. Hurry and book your showing today before this beauty is gone!
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| Mar 12, 2021 | Sold | ||
| Sold | |||
| Feb 25, 2021 | Listed by BHGRE Gary Greene | $279,900 | |
| Listed by BHGRE Gary Greene | |||
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Fantastic 3 bedroom / 2 bath opportunity in Westbury, located on a great street! This lovely home is situated on an oversized lot and features mature landscaping and an expansive back patio – great for entertaining. Additionally, the elongated driveway provides tons of extra parking. The interior of the home features abundant natural light, neutral finishes, a versatile floor plan with open concept layout between the living and dining spaces, spacious rooms, large primary walk-in closet and great storage. The cozy kitchen and breakfast area provide convenient access to the dining and living areas and offer so much potential. Updates include extensive foundation repairs (in 2000 & 2012) with transferable lifetime warranty, replacement of underslab plumbing (2012), furnace (2012), breaker box (2019), gutters (est. 2019), patio with drains (2018). Centrally located, this home has great access to the Galleria and Medical Center. Per Seller – HOME DID NOT FLOOD.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017