159 Azalea 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 13, 2023 | Sold | ||
| Sold | |||
| Nov 23, 2022 | No longer available | - | |
| No longer available | |||
| Nov 4, 2022 | Price Decreased |
$345,000
↓ $15K
(4.2%) | |
| Price Decreased | |||
| Oct 11, 2022 | Listed by Mark Spain Real Estate | $360,000 | |
| Listed by Mark Spain Real Estate | |||
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This is a fantastic ranch-style home located in the Jasmine Hollow neighborhood, this property is currently being fully renovated, the sellers are NOT shortcutting not a single thing for this property! The sellers will be finished renovating in just a few weeks, as well the lawn will get taken care of lastly. This home has been completely stripped of the 2010 era and has recently already added that new 2023 feel! There is new paint throughout the home along with new trim, new appliances, new light fixtures, brand new plate cover switches, brand new floors throughout the entire home, and as well brand new Italian marble tile floors in the bathroom. There's so much more to come here in the next couple of weeks this ranch-style property is not only getting a full renovation but it also has a fully enclosed sunroom along with a private enclosed back porch. As well the entire backyard is completely fenced in perfect for your pets or children to run around! Along with a shed in the backyard that is already fully hooked up for 220 volts, it's a perfect workshop or storage space!! Come by and check out this property today! The only thing this home is missing is you!! The manager has listed the unit size as 1729 square feet.
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| Aug 12, 2022 | Listed by All Star Realty Group LLC | $329,900 | |
| Listed by All Star Realty Group LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017