1201 Newcastle 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 |
|---|---|---|---|
| May 17, 2024 | Sold | ||
| Sold | |||
| Apr 1, 2024 | Listed by Coldwell Banker Real Estate Group | $264,500 | |
| Listed by Coldwell Banker Real Estate Group | |||
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Large, corner lot home located in Royal Pointe Subdivision!!! This 2 story, traditional home features a heated, side load garage, large fenced backyard with spacious deck to enjoy your morning cup of coffee or evening glass of wine as well as two separate storage buildings, spacious mudroom off the garage with an additional exterior door along with laundry on the main floor! Many updates to this home: *NEW* 2023 rear sliding door installed, *NEW* 2023 foyer windows installed, *NEW* 2023 farmhouse sink installed, *NEW* 2023 smart home thermostat added, *NEW* 2021 carpet installed, *NEW* 2021 sump pump installed, *NEW* 2016 Furnace installed, *NEW* 2016 A/C installed, *NEW* 2013 roof installed, *NEW* 2011 insulated garage door installed, *NEW* 2021 plumbing fixtures along with replaced front and side doors. The main level of the home is VERY spacious with separate family room with fireplace, separate living room, separate dining room, kitchen, half bath and mudroom. Upstairs you will find the primary suite with walk-in closet and full bath attached, along with two other spacious bedrooms and full bath. The basement is partially finished with 2 separate storage areas! Come make this home yours today!!! All information provided is deemed reliable, but is not guaranteed and should be independently verified.
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| Oct 8, 2021 | Sold | ||
| Sold | |||
| Aug 25, 2021 | Listed by RE/MAX Choice | $220,000 | |
| Listed by RE/MAX Choice | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017