1575 NE Richards
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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 |
|---|---|---|---|
| Sep 11, 2013 | Sold | ||
| Sold | |||
| May 30, 2013 | Listed by Beach Towne Realty LLC | $169,000 | |
| Listed by Beach Towne Realty LLC | |||
| Apr 19, 2012 | Sold | ||
| Sold | |||
| Mar 15, 2010 | Listed by New Millennium R.E.Brokers LLC | $84,900 | |
| Listed by New Millennium R.E.Brokers LLC | |||
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This home boasts a new roof in 04'', tiled/laminate throughout the entire home, granite countertops with an undermount sink in the kitchen and not to mention the french doors leading to the screened in ''maintenence free'' pool!! It also has an insulated garage door and currently wired for an alarm system. It has been sitting vacant for a little while and needs quite a bit of items done before moving in. CASH ONLY taking into the condition!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017