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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 |
|---|---|---|---|
| Nov 19, 2024 | Sold | ||
| Sold | |||
| Oct 23, 2024 | In contract | - | |
| In contract | |||
| Oct 18, 2024 | Listed by Engel & Volkers East Greenwich | $779,900 | |
| Listed by Engel & Volkers East Greenwich | |||
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Step into Scandinavian-inspired elegance with this stunning new construction packed with premium amenities! Nestled on a private lot surrounded by nature, yet close to everything, this 3-bed, 2.5-bath home offers a bright, open floor plan with an 18-foot floor-to-ceiling fireplace & cathedral ceilings that impress. The custom kitchen features white Café-style appliances, waterfall quartz countertops, a full quartz backsplash, & slow-close cabinetry with chic white & natural wood accents. Crown molding, high-end fixtures & under-cabinet lighting create a warm ambiance. Seamless hardwood floors throughout, enhance the sense of space & flow. The master suite offers hardwood floors, generous closets, a glass-enclosed shower & dual vanities. A half bath serves guests, while the second-floor loft, two bedrooms & full bath add extra space. Highlights include hardwood stairs with mood lighting, a steel wire handrail, a screened-in porch, composite decking, a two-car garage & ample storage.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017