1151 SW 85th 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 |
|---|---|---|---|
| Dec 20, 2024 | Sold | ||
| Sold | |||
| Nov 28, 2024 | In contract | - | |
| In contract | |||
| Nov 23, 2024 | Price Decreased |
$359,000
↓ $11K
(3%) | |
| Price Decreased | |||
| Nov 13, 2024 | Listed by LOKATION | $370,000 | |
| Listed by LOKATION | |||
| Oct 29, 2024 | Listed | $370,000 | |
| Listed | |||
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Welcome home! This charming single-family, three-bedroom, two-bath residence offers a spacious and thoughtfully designed layout, perfect for comfortable living. The expansive master suite features a dual-sink vanity, Roman tub, separate shower, and an enormous walk-in closet. Enjoy the warmth of a cozy fireplace in the living area and the convenience of a built-in central vacuum system. The home also includes a new stove, laundry tub, metal roof, and storm shutters for added peace of mind. Wired for generator plug-in and equipped with a water softener system, this home is ready for modern living. A two-car garage provides ample storage, and with its ideal location just minutes from town and shopping, this property truly has it all. Don’t miss out—schedule a tour today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017