12475 McGarrity Ave
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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 |
|---|---|---|---|
| Mar 8, 2023 | Sold | ||
| Sold | |||
| Jan 25, 2023 | Listed by RE/MAX Professionals | $759,990 | |
| Listed by RE/MAX Professionals | |||
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BRAND NEW CONSTRUCTION 2- STORY HOME! Garden-Level Basement, Covered Deck, 3-bay garage! Walking distance to community clubhouse! Comes with full unfinished garden level basement and expanded Kitchen. The Kitchen will host a large island, stainless gas appliances and walk-in pantry. The open concept layout is perfect for entertaining. The home features a study with powder-room bath on the main floor and 4 bedrooms upstairs. The primary bedroom comes with two walk-in closets and the laundry is conveniently located on the 2nd floor. Come see it today and get into the home of your dreams! Don't miss out on the new reduced pricing good through 2/28/2023. Prices and incentives are contingent upon buyer closing a loan with builders affiliated lender and are subject to change at any time.
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Last Updated: 12 months ago
Data Source: REcolorado MLS, MLS# 8688539
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017