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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 |
|---|---|---|---|
| Dec 2, 2024 | Sold | ||
| Sold | |||
| Nov 2, 2024 | In contract | - | |
| In contract | |||
| Sep 28, 2024 | Relisted | $540,000 | |
| Relisted | |||
| Sep 12, 2024 | In contract | - | |
| In contract | |||
| Sep 7, 2024 | Listed by Orchard Brokerage LLC | $540,000 | |
| Listed by Orchard Brokerage LLC | |||
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Discover your new sanctuary in this inviting ranch home, perfectly situated on a tranquil cul-de-sac. This move-in-ready gem offers a harmonious blend of comfort and outdoor living, making it an ideal retreat for families and entertainers alike. Step inside to find a bright, open floor plan that seamlessly connects the living spaces. The spacious living room, with its large windows and cozy ambiance, flows effortlessly into the dining area and well-appointed kitchen. Whether you're cooking for a crowd or enjoying a quiet meal, this home's layout is both functional and welcoming. The primary bedroom is a peaceful retreat with generous closet space and easy access to a well-maintained full bathroom. Two additional bedrooms provide ample space for family, guests, or a home office. One of the standout features of this property is the expansive backyard. Step outside to a huge deck that's perfect for outdoor dining, relaxation, or hosting gatherings. The vast lawn provides plenty of space for play and activities, while the dedicated garden area offers the perfect opportunity for cultivating your green thumb. Set in a quiet neighborhood with minimal traffic, this home provides a serene and private environment. Enjoy the convenience of nearby amenities while savoring the peace and tranquility of your own private retreat. Don't miss the chance to make this charming ranch home yours. Schedule a visit today and experience all that it has to offer!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017