1504 Surry Place Drive
About This Property
wow! this one is hard to beat! You walk up to the front entry with a large covered deck and circle drive for plenty of parking. Step into the entry with a formal dining room and plantation shutters, Kitchen has an abundance of cabinets, newer stainless steel built in appliances. breakfast nook open to the living area which boats vaulted ceiling and fireplace with gas logs. Large sun room on the back with windows looking out to the tree shaded yard. Down the hall you will find the two good size bedrooms with large hall bath and plenty of storage. Master bedroom is over sized with plenty of storage and two walk in closets. Home has had a lot of updates including newer central heat and air units, appliances, water heater, wood and laminate flooring.
storage building to remain with the property. sprinkler system Refrigerator, washer and dryer to remain with the home. storage building has electricity and window unit
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Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 26, 2023 | Sold | ||
| Sold | |||
| Sep 3, 2023 | Listed by Coldwell Banker Apex, REALTORS | $279,900 | |
| Listed by Coldwell Banker Apex, REALTORS | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017