12503 Folkcrest 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 |
|---|---|---|---|
| Feb 12, 2025 | Sold | ||
| Sold | |||
| Feb 2, 2025 | In contract | - | |
| In contract | |||
| Jan 31, 2025 | Listed by Century 21 Realty Partners | $215,000 | |
| Listed by Century 21 Realty Partners | |||
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INVESTOR OPPORTUNITY! This is a charming home that needs a little love. Situated on a fabulous lot on a curve in the road and overlooks a retention pond. Garage studio apartment over a 2-car garage with extra storage. A large front porch welcomes you home. The family room offers stunning views of the backyard from windows flanking the wood-burning brick fireplace with gas connections. Spacious kitchen with gas range, great cabinet space; connected to a breakfast room and formal dining room/formal living room. The primary suite is at the back of the home, ensuite bath boasts a jetted tub, shower, and sink with a vanity area. Walk-in closet. Mud room with half bath and additional storage. Great long double-wide driving for plenty of parking.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017