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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 |
|---|---|---|---|
| Jan 18, 2017 | Sold | ||
| Sold | |||
| Dec 9, 2016 | Listed by Excel Properties | $529,900 | |
| Listed by Excel Properties | |||
| Oct 31, 2016 | Sold | ||
| Sold | |||
| Oct 4, 2016 | Listed by Premiere Properties | $399,990 | |
| Listed by Premiere Properties | |||
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Tons of potential, endless possibilities. Great opportunity for the right buyer looking for an extra large lot (over 1/2 acre) with a long driveway at the end of a cul-de-sac street. Home needs interior and exterior TLC but perfect fixer upper for the Home Depot DIY expert or contractor. Open single-story floorplan with high ceilings and double-sided fireplace. RV parking space on side yard and wide open rear yard ready for your best ideas. Neighborhoods: Oceanside Equipment: Garage Door Opener, Range/Oven Other Fees: 0 Sewer: Sewer Connected Topography: LL
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017