12 Monterey 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 |
|---|---|---|---|
| Nov 30, 2020 | Sold | ||
| Sold | |||
| Oct 14, 2020 | Listed by ERA Key Realty Services- Spenc | $250,000 | |
| Listed by ERA Key Realty Services- Spenc | |||
| Sep 1, 2017 | Sold | ||
| Sold | |||
| Nov 16, 2015 | Sold | ||
| Sold | |||
| Jan 1, 2015 | Listed by Keller Williams Realty Greater Worcester | $130,000 | |
| Listed by Keller Williams Realty Greater Worcester | |||
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SHORT SALE APPROVED AT $130,000!!!! QUICK CLOSE.Great area for convenience yet a wonderful family neighborhood to come home to. This is a great opportunity to own a beautiful well designed ranch in a terrific location. Updated roof, siding and windows with no care exterior. Large level lot that has a shed and backs up to woods. Hardwood floors.Six panel pine doors. Two well sized bedrooms. Needs new kitchen and bath to make this home complete. Partial finish in basement with laundry room. So much potential for the right buyer! Location, Location!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017