12423 Washington Way
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 |
|---|---|---|---|
| Aug 7, 2026 | Sold | ||
| Sold | |||
| Jul 29, 2026 | In contract | - | |
| In contract | |||
| Jun 25, 2026 | Listed by Realty Of America, LLC | $515,000 | |
| Listed by Realty Of America, LLC | |||
| Jan 13, 2023 | Sold | ||
| Sold | |||
| Sep 29, 2022 | Listed by Move Up America | $514,665 | |
| Listed by Move Up America | |||
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The Somervell floor plan is a beautiful 2,988 sq.ft. Single Story home. 4 bedrooms, 3 baths, 2 car garage with storage are, suite retreat and study.
Please note, home is under construction, Spring 2023 estimated completion, as such, photos are representative, selections and features can vary. For more information, please contact Chesmar Homes.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017