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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 |
|---|---|---|---|
| Jul 19, 2024 | Sold | ||
| Sold | |||
| Jun 17, 2024 | In contract | - | |
| In contract | |||
| Jun 7, 2024 | Listed by Navigate Realty | $460,000 | |
| Listed by Navigate Realty | |||
| | |||
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Welcome Home to this beautifully updated ranch style home on a corner lot in Elmwood neighborhood. Kitchen is complete with white cabinets, stainless steal appliances, gas stove and granite countertops. Primary bathroom and main bathroom have been remodeled with new granite, backsplash and stone slate tile floors. The big beautiful windows allow lots of natural sunlight throughout the home. If the main house isn't enough step out into the enclosed sunroom that can be used for just about anything. The living room, kitchen and sunroom have all been updated with new luxury vinyl flooring. The spacious backyard has plenty of room for entraining and a shed for extra storage. Newer exterior and interior paint throughout. Newer double pane Milgard windows, roof, and gutters. Water heater, AC Unit and Furnace have all been replaced with new in last 5 years. Great location near both highways I-25 & US-36 and public transportation. In addition to the 2 car attached garage there is plenty of parking available with space for an RV. Also no HOA or metro district.
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| May 28, 2020 | Sold | ||
| Sold | |||
| Apr 6, 2020 | Listed | $335,000 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017