12225 Bill Mitchell Drive
About This Property
Step inside to discover a spacious living area, adorned with contemporary finishes and flooded with natural light streaming through large windows. The semi-open-concept layout seamlessly connects the living room to the kitchen and dining area, perfect for entertaining guests or relaxing with loved ones. Don't miss the opportunity to make this renovated gem your own. Experience the perfect blend of style, comfort, and convenience in this charming three-bedroom, two-bathroom home. Welcome home!
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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 3, 2024 | Sold | ||
| Sold | |||
| Mar 5, 2024 | Listed by AMAR Real Estate Group | $249,000 | |
| Listed by AMAR Real Estate Group | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017