1540 Farmhill 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 |
|---|---|---|---|
| Dec 9, 2021 | Sold | ||
| Sold | |||
| Oct 8, 2021 | Listed by Baird & Warner | $359,900 | |
| Listed by Baird & Warner | |||
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Stunning colonial style 4bedroom, 2.1 bath home. Brick front for a rich curb appeal which makes it stand out in the subdivision. Updates include gorgeous high end wood laminate through the first floor. White trim, stainless appliances, white kitchen cabinets, vaulted ceiling family room open to the eating area and kitchen perfect for entertaining with a coffee bar area, great for holiday hosting, or just cooking while watching the kids play. The 2 story family room also has a wall of French doors and side vents that is perfect for those cool nights, a great breeze, and great natural light in the room. The second floor has 4 really nice sized bedrooms including a double door dramatic master suite! This master suite includes walk-in closet, window seats perfect for those who love to get lost in a great book, large master bath w/ separate shower, soaking tub, and a double sink vanity perfect for his & hers products. Basement is partially finished with a large storage area, cozy home office, and a sweeet rec room area with a dry bar. 2car attached garage, deck off family room that is great for a grill and gazebo, huge fenced yard begging for a pool to be installed off the deck! So much potential for more even though the current owner has done an exceptional job utilizing a lot of the space. Come see it I promise you will fall in love!
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| Apr 16, 2018 | Sold | ||
| Sold | |||
| Feb 21, 2018 | Listed by Brokerocity Inc | $261,500 | |
| Listed by Brokerocity Inc | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017