116 Nicholas Dr
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 |
|---|---|---|---|
| Jun 28, 2024 | Sold | ||
| Sold | |||
| May 16, 2024 | Listed by Blue Point Realty, LLC | $629,900 | |
| Listed by Blue Point Realty, LLC | |||
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Eagle Ridge is an over 55+ community of single family homes w/public roads, town water & sewer! This charming ranch style home with 2 bedrooms & 2 full baths is situated on a .46 acre lot. An inviting home offering 9 foot ceilings, custom woodworking, hardwood flooring, and a wonderful open floor plan! The Great Room w/ welcoming gas corner fireplace, custom crown molding and access to the deck, via a slider. The Dining Room features hardwood flooring, wainscoting & crown molding. Custom kitchen with ample upgraded cabinets, granite counters, stainless steel appliances, a new refrigerator, breakfast bar and dining area. The master bedroom has two closets, one is a walk-in, and a full bath. The stackable washer & dryer is conveniently located in the master bath. The furnace was replaced in April of 2021. Enjoy the summer sitting on the two level deck overlooking the lovely yard with wooded view. Two car garage. This home is a must see!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017