1530 Michael 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 |
|---|---|---|---|
| Jan 31, 2024 | Sold | ||
| Sold | |||
| Dec 26, 2023 | Listed by Re/Max Property Source | $274,900 | |
| Listed by Re/Max Property Source | |||
| Dec 16, 2023 | No longer available | - | |
| No longer available | |||
| Nov 30, 2023 | Price Decreased |
$274,900
↓ $10K
(3.5%) | |
| Price Decreased | |||
| Nov 8, 2023 | Listed by RE/MAX Property Source | $285,000 | |
| Listed by RE/MAX Property Source | |||
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STOP! Stunning HGTV Home is perfect!!!!! Updated and Move in READY! 4 Bedrooms, 2.5 Baths 2 HEATED 2.5 CAR GARAGE on Corner Lot! OPEN Great room to the kitchen with living room. Kitchen APPLIANCES 2022 STAY w new peninsula shiplap island (2023). ALL NEW LIGHT FIXTURES, FRESH PAINT and NEW FLOORING THROUGHOUT. ALL BATHROOMS HAVE BEEN REMODELED. Master En Suite has stunning tiled shower w bench and double sink. Lower level allows for additional entertaining space and tons of storage. Enjoy the quietness of the back yard overlooking the country. Washer/ Dryer 2023. The manager has listed the unit size as 1663 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017