1222 Richardson 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 |
|---|---|---|---|
| Sep 22, 2023 | No longer available | - | |
| No longer available | |||
| Sep 14, 2023 | Listed by DeLeon Realty | $4,988,000 | |
| Listed by DeLeon Realty | |||
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Set on a lot spanning nearly a half-acre is this magnificent 5-bedroom home with over 3,000 square feet of living space. Conveying an atmosphere of casual sophistication and featuring a floorplan brimming with designer touches, this home provides exceptional venues for both entertaining and daily living, with a bold use of glass throughout that fills the space with natural light. Enjoy hardwood floors, two fireplaces, the eat-in kitchen, a dramatic ceiling crowning the expansive family room, and the generously sized primary suite. Sanctuary awaits in the park-like backyard that features a covered outdoor kitchen area, a sprawling lawn, and a meandering pathway along the perimeter for afternoon strolls. And this outstanding location provides close proximity to shopping and dining, beautiful parks, commute options, and top-ranked Cupertino schools (buyer to verify eligibility). The manager has listed the unit size as 3018 square feet.
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| Oct 31, 2019 | Sold | ||
| Sold | |||
| Sep 5, 2019 | Listed by Intero Real Estate Services | $3,980,000 | |
| Listed by Intero Real Estate Services | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017