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About This Property
This home is being updated and prepared for the market so you don't have to do the hard stuff but with some additional updates you'll have your own modern treasure...under $500,000.
Additional photos and description to follow. Please reach out to the listing agent for additional details or your private showing.
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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 |
|---|---|---|---|
| Nov 12, 2024 | Sold | ||
| Sold | |||
| Oct 21, 2024 | In contract | - | |
| In contract | |||
| Oct 10, 2024 | Listed by Real Broker, LLC DBA Real | $475,000 | |
| Listed by Real Broker, LLC DBA Real | |||
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Available to show starting 10/15! - Over 1/4 acre lot on a quiet street in Thornton's Cottonwood Lakes neighborhood. It's already got brand new carpet & refinished hardwood floors! Sellers will have the interior painted and roof replaced within the month of October. This house is brimming with potential! Solidly built ranch-style home offers one-floor living, a finished basement, newly refinished oak hardwood floors, and a large eat-in kitchen. This home lives larger than the square feet would seem to indicate. You won't find a better layout for a ranch with 1400+ sq ft on one level. The home almost doubles in size with the nearly equal sized basement, of which much of it's finished including two bedrooms. Note that the furnace is newer and that there is no HOA in this neighborhood to keep you from parking your RV or boat on the side of the house or behind the fence. Enjoy actually having a nice, large, level yard to mow and play in and a covered patio that spans the full length of the back of the house! You'll have shade all morning and afternoon! The 2-car garage is oversized which is always needed no matter how much stuff you keep in there + built-in workbenches make it great for tinkering! The nearby pocket parks, such as Cottonwood Park, feature amenities like tennis courts and playgrounds and connect to local trails making this location particularly ideal and desirable.
This home is being updated and prepared for the market so you don't have to do the hard stuff but with some additional updates you'll have your own modern treasure...under $500,000.
Additional photos and description to follow. Please reach out to the listing agent for additional details or your private showing.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017