1340 August Road
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 |
|---|---|---|---|
| May 18, 2022 | Sold | ||
| Sold | |||
| Mar 17, 2022 | Listed by Signature Premier Properties | $576,000 | |
| Listed by Signature Premier Properties | |||
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Welcome to the best kept secret in the heart of North Babylon. This HUGE colonial style home will not disappoint - walk inside to a welcoming foyer that opens into a oversized living room with a ton of natural lighting. The living room flows into the dinning room with backyard views. This beautiful property also has a large eat in kitchen which leads to the sunken den that features a wood burning fireplace and a half bathroom. Attached to the house is a one car garage that also allows access to the den. The 2nd level has a massive sized primary bedroom, walk in closet and full bathroom. All three bedrooms have plenty of space to furnish and relax. This home sits on a large lot which is perfect for entertaining. It has energy efficient solar panels and much much more.
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| Sep 19, 2019 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017