156 Woodland Drive #LOT2
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 |
|---|---|---|---|
| Jul 1, 2024 | Sold | ||
| Sold | |||
| Mar 20, 2024 | In contract | - | |
| In contract | |||
| Jan 26, 2024 | Listed by Keller Williams Realty North Central | $389,000 | |
| Listed by Keller Williams Realty North Central | |||
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New Construction. Split entry style home with 3 bedrooms, 2 baths and 2 car garage being built. Located in a quiet neighborhood of similar homes and convenient to shopping and highways. Open concept floorplan with a cathedral ceiling provides a bright and spacious living area that flows into a kitchen with a center island and dining area. A private deck overlooks a wooded area. The buyer has color choices for siding, flooring, interior paint and granite countertops. The unfinished basement area has plenty of natural night and provides future opportunity to add more living space in the lower level.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017