12 Olean Road
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 |
|---|---|---|---|
| May 29, 2025 | Sold | ||
| Sold | |||
| Apr 9, 2025 | In contract | - | |
| In contract | |||
| Apr 4, 2025 | Price Decreased |
$1,585,000
↓ $64K
(3.9%) | |
| Price Decreased | |||
| Jan 6, 2025 | Listed | $1,649,000 | |
| Listed | |||
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Welcome home to PERFECTION! New Construction, great neighborhood, upgrades throughout. This home holds so much living space and versatility! Walk in to a two story open foyer which announces elegance! Main Level hosts kitchen with island, upgraded appliances, countertops, and lighting. This opens to the family room with gas fireplace, vaulted ceiling and recessed lighting. Formal Dining room is ready for all high end entertaining. Relax in the formal living room or work in the at home office. Second floor holds a main suite with full bath and many closets, some with built ins. Three other bedrooms, a second full bath and top notch laundry room finish this floor out. Lower Level hold some much additional living space with a fourth bath - Make it whatever you desire! Two car garage, beautiful stone walls, irrigation and a phenomenal backyard perfect for outdoor entertaining. Nothing do with this home but to be named the BEST IN TOWN
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| Jan 24, 2024 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017