121 Caroline Drive
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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%.
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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 9, 2022 | Sold | ||
| Sold | |||
| Dec 8, 2021 | Listed by Home Free Today Realty | $424,900 | |
| Listed by Home Free Today Realty | |||
| Jul 30, 2017 | Listed | $249,000 | |
| Listed | |||
| | |||
|
Three bedroom, two bath single family home on quarter acre lot with fruit trees. Remodeled kitchen with granite countertops. Currently rented at $1350 per month for investment income or would make a nice family home.The manager has listed the unit size as 1469 square feet.
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| Dec 5, 2012 | Sold | ||
| Sold | |||
| Jul 28, 2012 | Sold | ||
| Sold | |||
Property Highlights
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About Southern Boulevard Pines
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$3,795 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017