122 MICHAEL Avenue
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 |
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| Aug 2, 2022 | Listed by NICOSIA REALTY INC. | $253,000 | |
| Listed by NICOSIA REALTY INC. | |||
| Jul 20, 2021 | Listed by NICOSIA REALTY INC. | $8,500 | |
| Listed by NICOSIA REALTY INC. | |||
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Just under half an acre .43 partially cleared Building lot. Buyer is advised to obtain a survey to determine exact size and location of the property and to do a feasibility study to determine if property is suitable for your needs. This lot is for sale sellers will consider all cash offers.
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| Feb 10, 2021 | Listed by NICOSIA REALTY INC. | $149,900 | |
| Listed by NICOSIA REALTY INC. | |||
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Coming Soon New 3 bed 2 bath 1,060 sqft manufactured home to be installed on this .43 of an acre lot. 2021 model with spacious floorplan and all appliances including washer and dryer. Cathedral ceiling. master bath with double vanity and glamour bath. New well and septic. Landscaping with sod, fence and irrigation. Concrete driveway.
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| Feb 8, 2021 | No longer available | - | |
| No longer available | |||
| Jan 20, 2021 | Listed | $149,900 | |
| Listed | |||
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Pre-Construction. To be built. New Home Coming Soon! This 0.44 acre lot will give you great space for this new 3 bedroom 2 bath home. Your new 2021 model will feature 1,060 sqft of living space that includes Cathedral ceilings , Glamour master bathroom with double vanities and upgraded tub in the guest bathroom. You will also get all new appliances that includes a brand new washer and dryer. The exterior of the home will feature upgraded exterior plywood underlayment for the walls and roof, new sod , beautiful landscaping and a sprinkler system. Also included is a fully fenced back yard , 12ft x 12ft deck and a concrete driveway with a 16ft x 16ft parking pad, Don't miss this opportunity to own this amazing new home! The manager has listed the unit size as 1060 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017