1604 Hastings Drive
About This Property
Upon entering, you are greeted by a spacious living area with an inviting fireplace, that beckons you to envision the possibilities. The open floor plan allows for effortless flow between rooms, making it perfect for entertaining. The kitchen is a blank canvas, awaiting your creative vision. With ample counter space and cabinetry, you can design your dream culinary haven. Adjacent to the kitchen is a cozy dining area, ideal for enjoying meals with loved ones, while the bedrooms offer a peaceful retreat, complete with generous closet space. The large, private backyard with pool is just waiting to create some lifetime memories!
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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 |
|---|---|---|---|
| Nov 3, 2023 | Sold | ||
| Sold | |||
| Jul 21, 2023 | Listed by Stepstone Realty, LLC | $287,000 | |
| Listed by Stepstone Realty, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017