128 Viola Road
About This Property
9+ ft ceilings throughout main floor, fully updated home with beautiful updated eat in kitchen and granite countertops. This home was build to efficiency standards like no other homes are built in the past 100+ years. This home has a luxurious wrap around 1000+ sqft deck.
This home is also located in unincorporated Ramapo. Additional Information: ParkingFeatures:2 Car Attached,
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Cap Rate Calculator
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 8, 2021 | In contract | - | |
| In contract | |||
| Jul 7, 2021 | Relisted | $1,399,000 | |
| Relisted | |||
| Jun 21, 2021 | Relisted | $1,399,000 | |
| Relisted | |||
| Jun 21, 2021 | No longer available | - | |
| No longer available | |||
| May 27, 2021 | Listed by eRealty Advisors, Inc | $1,399,000 | |
| Listed by eRealty Advisors, Inc | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017