14 PARK WAY
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 |
|---|---|---|---|
| Dec 5, 2024 | Sold | ||
| Sold | |||
| Nov 16, 2024 | In contract | - | |
| In contract | |||
| Nov 1, 2024 | Listed by The GRUBB Company | $1,750,000 | |
| Listed by The GRUBB Company | |||
| | |||
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Central Piedmont charmer in Dracena Park neighborhood. Level-in to gracious, open living and dining rooms, beautifully updated kitchen and baths, freshly painted inside and out, gleaming hardwood floors, lower level office nook and rumpus room also perfect for guest or au pair. A deck off each level offers easy outdoor access and privacy. Enjoy proximity to top-rated K-12 public schools, Mulberry's Market and Piedmont Avenue. A rare opportunity in A+ location is a must see!
| |||
| May 20, 2016 | Sold | ||
| Sold | |||
| Apr 15, 2016 | Listed by THE GRUBB COMPANY | $995,000 | |
| Listed by THE GRUBB COMPANY | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017