Lot 16 Georgia 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 |
|---|---|---|---|
| Sep 3, 2015 | Sold | ||
| Sold | |||
| Nov 21, 2014 | Listed by RE/MAX Executive Realty | $586,000 | |
| Listed by RE/MAX Executive Realty | |||
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ENERGY STAR QUALIFIED HOUSE...BEAUTIFUL CUSTOM COLONIAL WITH A CONTEMPORARY AND OPEN FLOOR PLAN. Features include: Living Area for today’s lifestyle, 8 living areas, 4 Bedrooms, 2 Full Baths and 1 Half Bath with Granite & Tile, Gas Custom Fireplace, 9' ceilings on the 1st floor, Hardwood throughout the First Floor and Hardwood Stairs, Kitchen with Maple Cabinets with Granite Counters, 2 zone gas heat and central a/c, Full Unfinished Lower Level. Country Location for this 1 acre lot. Great Builder to work with that has a proven track record of building Outstanding Energy Star Qualified Homes. All Photos are "similar to". OPTION : Finished Lower Level with full walkout ( full windows and slider) would bring this plan over 3000 SF to include an additional Half Bath @ $549,900 finished in same quality as main house. No construction has started.
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Address: 335 Madison Avenue, New York, NY 10017