141 Michael 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 |
|---|---|---|---|
| Apr 14, 2023 | Sold | ||
| Sold | |||
| Feb 6, 2023 | Listed by Your Next Move Realty LLC | $165,900 | |
| Listed by Your Next Move Realty LLC | |||
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If you are looking for open concept, first floor living this may be the one for you! Enter into the spacious living area consisting of living room/kitchen/dining. On one side is the main bedroom with full bath that also leads to the laundry area. The opposite side boasts a second bedroom, full bath and office area. Located in Lee Oak cooperative park, with easy access to all major routes!
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| Mar 20, 2020 | Sold | ||
| Sold | |||
| Sep 25, 2019 | Listed by RE/MAX Shoreline | $69,900 | |
| Listed by RE/MAX Shoreline | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017