15 Modena Circle
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 |
|---|---|---|---|
| Jun 1, 2017 | Sold | ||
| Sold | |||
| Jan 23, 2017 | Listed by Scarfo Real Estate, Inc. | $225,500 | |
| Listed by Scarfo Real Estate, Inc. | |||
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A 55+ active adult community. This Energy Star Certified home has 2 bedrooms, 2 full baths and an open floor plan. With a maintenance free covered front porch, a 10 x 12 maintenance free back deck and a concrete patio area for bbq. Glazed raised panel oak cabinets in the kitchen with recessed lighting and an island worktop.One and a half car (18 x 22) insulated garage. Concrete driveway. Central air, in-ground sprinklers, and landscaped front yard. Lease fee of $455. includes taxes, city water, city sewer, trash/recycling and road maintenance .Economical Westfield gas and electric. Compare that to your taxes and you will see this is affordable retirement living! 3500 sq.ft. community center with fitness room, library, conference room and common room. Stainless steal refrigerator, stove, dishwasher and microwave.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017