1403 W Point Drive
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 |
|---|---|---|---|
| Jul 29, 2024 | Sold | ||
| Sold | |||
| Jul 1, 2024 | In contract | - | |
| In contract | |||
| May 23, 2024 | Price Decreased |
$310,000
↓ $25K
(7.5%) | |
| Price Decreased | |||
| May 9, 2024 | Price Decreased |
$335,000
↓ $20K
(5.6%) | |
| Price Decreased | |||
| Apr 29, 2024 | Listed by Coldwell Banker Realty | $355,000 | |
| Listed by Coldwell Banker Realty | |||
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DRAMATIC PRICE REDUCTION. Owner says ''sell''. The house has been totally and completely remodeled: all new plumbing from underground to upper head; all new electrical wiring: new service, and inside the home; new insulation; dry wall and flooring. All new A/C units; new garage door and garage roof. Main roof is a few years old but 2 coats of rubberized roof coating installed; all new appliances. The screened porch will be finished this weekend; a new privacy fence will be installed, and so much more. Survey available.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017