1218 Caledon 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 |
|---|---|---|---|
| Dec 21, 2020 | Sold | ||
| Sold | |||
| Nov 9, 2020 | No longer available | - | |
| No longer available | |||
| Jun 26, 2020 | Listed by Keller Williams Central | $288,940 | |
| Listed by Keller Williams Central | |||
| Jun 12, 2020 | Listed | $298,915 | |
| Listed | |||
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The Wilmington is 2800 SF. It features a formal living room, formal dining room, large open kitchen, spacious family room, 4 bedrooms, loft & 2 car garage. Kitchen includes white cabinets with New Caledonia granite counters and grey tile backsplash, and SS appliances. The family room features a gas fireplace. The owner's suite features a vaulted ceiling and walk in closet. The master bath has an adult height double vanity and a 5ft walk-in Shower. The Smart Home kit and extended warranties also included. The manager has listed the unit size as 2820 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017