1509 Armstrong Drive
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 |
|---|---|---|---|
| Sep 16, 2022 | No longer available | - | |
| No longer available | |||
| Jul 16, 2022 | Listed by Citiwide Properties Corp. | $375,000 | |
| Listed by Citiwide Properties Corp. | |||
| | |||
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We invite you to step into this light and bright open floor plan with clean lines and a neutral palette. The spacious living room, dining and kitchen overlook the pool and backyard, offering you the perfect space for entertaining inside and out. The master bedroom features an ensuite and good-sized sitting area or flex space. The 4th bedroom can also be used as a study or 2nd living area. Most recent updates include kitchen countertops, pool timer, paint, carpet in bedrooms, ceramic tiles, light fixtures and landscaping. This home offers so much and is a must see, schedule a showing today!
| |||
| Mar 24, 2022 | Sold | ||
| Sold | |||
| Mar 1, 2022 | Listed by Keller Williams Central | $200,000 | |
| Listed by Keller Williams Central | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017