1407 Tulane 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 18, 2022 | Sold | ||
| Sold | |||
| Jun 7, 2022 | Listed by Berkshire Hathaway HomeServices Premier Properties | $365,000 | |
| Listed by Berkshire Hathaway HomeServices Premier Properties | |||
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Beautiful all brick home with new exterior paint! No back neighbors and located on a quiet cul-de-sac in established Plantation Place. Enjoy the new floors in the family room and newer carpet throughout! Stone fireplace with custom wood mantle. Large kitchen with Corian counter tops that opens to the family room. Formal living/dining combo that makes for endless use ideas! Roof is less than 3 years old. Nice covered patio and large detached garage with an extra long drive way for additional parking. So many updates including interior paint 2019; exterior paint June 22; carpet '19, garage door June '22; roof '19; water heater '19, HVAC less than 10 years! Plenty of storage in your detached garage. Pride of ownership shows! (Large quilting machine in photos could not be moved for listing). Not pictured is the owner's home office with French doors as you enter the home to the left of front door. (Both are working from home office) This has a nice closet for an optional 4th bedroom!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017