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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 |
|---|---|---|---|
| Jun 24, 2024 | Sold | ||
| Sold | |||
| May 17, 2024 | Listed by Keller Williams Realty Metropolitan | $400,000 | |
| Listed by Keller Williams Realty Metropolitan | |||
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This charming ranch style two bedroom, one bath home offers a blend of comfort and convience. Situated on a peaceful dead-end road, the property promises tranquilty and privacy with it's fenced in back yard and close proximity to parks, schools and shopping. New appliances, new gas meter and hardwood floors throughout. As you step into the breezeway between the one car garage you'll realize how nice that will be in the winter to be able to come in from the garage, drop off your groceries or winter boots and not track everything in the house. The kitchen has new stove and is ready to bake chocolate chip cookies for your gatherings. The basement has a bonus room. A great space for a home office, gym or just another gathering place to relax and kick your feet up. There is also a walk up attic that you could potentially finish for either storage space or maybe a home office. This home offers so much potential and is ready for a fresh start with a new owner. Book your showings today.
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| Aug 26, 1994 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017