1559 DOLPH ROAD
About This Property
* Detached garage is 26' x 80' and has a front and back 2 car garage door opening and an additional single door opening on the side. One smaller section is now a built in workshop, but could be removed and hold up to EIGHT stacked cars!
* In-law suite has it's own separate entrance or can be accessed from main house. There a separate screened porch for suite. 1 BIG bedroom & full bath with whirlpool tub, separate shower & large walk-in closet. Living room w/ wood burning fireplace & built-ins plus 3rd room that could be a 2nd bedroom/office/den w/ closet. Separate gas water heater & separate HVAC for in-law suite.
* Main house has 3BR/2Bath. Big Dining room and living room with wood-burning fireplace. There is a non-load bearing wall between living room and family room that was added afterwards and could be removed and have HUGE family room again. Family room prewired for surround sound.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jun 26, 2020 | Sold | ||
| Sold | |||
| Apr 9, 2020 | Listed by COLDWELL BANKER VANGUARD REALTY | $300,000 | |
| Listed by COLDWELL BANKER VANGUARD REALTY | |||
| Jul 24, 2008 | Listed by COLDWELL BANKER VANGUARD REALTY | $349,900 | |
| Listed by COLDWELL BANKER VANGUARD REALTY | |||
| Jan 17, 1995 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017