1300 Biltmore DRIVE
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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%.
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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.
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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 |
|---|---|---|---|
| Oct 31, 2024 | Sold | ||
| Sold | |||
| Oct 25, 2024 | In contract | - | |
| In contract | |||
| Oct 24, 2024 | Listed by BETTER HOMES AND GARDENS REAL ESTATE LIFESTYLES REALTY | $265,000 | |
| Listed by BETTER HOMES AND GARDENS REAL ESTATE LIFESTYLES REALTY | |||
| Oct 3, 2024 | Listed by BETTER HOMES & GARDENS REAL ESTATE LIFESTYLES REALTY | $265,000 | |
| Listed by BETTER HOMES & GARDENS REAL ESTATE LIFESTYLES REALTY | |||
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Open House Cancelled! Excellent opportunity for this affordable, move-in ready, concrete block home, only 3 miles to the beach or I-95! This inviting bungalow features 2 bedrooms, a walk in shower, & a living room with lots of natural light. Possible aditional 316 sf glassed in room, where ac just needs to be added! Large picture window & open living room/dining room are 2 of the sellers favorite features. This home is fully functional and has been well-maintained but will need some updating. Roof is 8 years old, A/C & windows are 6 years old, & the hot water heater is only 2 years old! Enjoy the freedom of no HOA restrictions. Spacious, fenced yard is ideal for outdoor gatherings or gardening. Conveniently located near walking trails, shopping, and dining, this home offers the perfect blend of comfort & convenience. Great for a primary residence or investment property! Don't miss your chance to own this exceptional property. Showings begin 10/23
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| Jul 23, 1999 | Sold | ||
| Sold | |||
Property Highlights
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About Ormond Forest Hills
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017