1511 Olive Garden
About This Property
Private gated community in the Energy Corridor . This pristine 2 story patio home built in 2009 shows like new. Gorgeous hardwood floors in the living area. Open floorplan with the living space down and all bedrooms up. An Island kitchen and a breakfast bar overlooks the living room, and features granite counters, wood cabinets, and stainless steel appliances. Patio is fenced and has a wood deck for outdoor dining or a play space for the kids. Walk to work, shopping, or world class dining on Eldridge Parkway. Make this your new home!
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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 8, 2021 | Sold | ||
| Sold | |||
| May 17, 2021 | Listed by REALM Real Estate Professional | $365,000 | |
| Listed by REALM Real Estate Professional | |||
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Occupied until June 30th, 2021
Private gated community in the Energy Corridor . This pristine 2 story patio home built in 2009 shows like new. Gorgeous hardwood floors in the living area. Open floorplan with the living space down and all bedrooms up. An Island kitchen and a breakfast bar overlooks the living room, and features granite counters, wood cabinets, and stainless steel appliances. Patio is fenced and has a wood deck for outdoor dining or a play space for the kids. Walk to work, shopping, or world class dining on Eldridge Parkway. Make this your new home!
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Property Highlights
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Price/ft²
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About Westside
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Last Updated: 5 months ago
Data Source: HAR , MLS# 82766807
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017