1203 Andromeda 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 |
|---|---|---|---|
| Jun 22, 2024 | Sold | ||
| Sold | |||
| May 31, 2024 | In contract | - | |
| In contract | |||
| May 8, 2024 | Withdrawn | - | |
| Withdrawn | |||
| May 6, 2024 | Listed by RE/MAX Pinnacle Group REALTORS | $425,000 | |
| Listed by RE/MAX Pinnacle Group REALTORS | |||
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Well-maintained home in gated Shady Valley West. The open floor plan is idea for entertaining with formal & informal areas and an over-sized island kitchen that features a newer oven & microwave. Walls of windows in the family room capture views of lush Shady Valley golf course and a greenbelt. The backyard is an oasis with a sparkling pool and spa, and the pool was redone last year. Other newer improvements include a roof & gutters 2023 as well as improvements in 2021 to the hot water heater, garage door opener and HVAC. Located mid-way between IH20 and IH30, it is a perfect spot for commuters. Shopping and dining is nearby.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017