1610 Hamblen Road
About This Property
a Formal living area with a bay window overlooking the front yard. Spacious den with high-beamed ceilings, wood laminate floors, Built-in desk and a brick fireplace. Formal dining could be a home office off the kitchen. Kitchen has an abundance of cabinets, granite counters and stainless appliances. Recent double oven, microwave and gas cook top. Breakfast room is light and bright. Primary with walk in closets, double sinks and shower. Secondary bedrooms are ample size with hall bath close by. Cedar lined linen closet. Back covered porch with views of the backyard. Recent updates include: Electric panel, Pella Double pane windows, driveway repaved, A/C coils 4/22, Water heater 2018, recent flooring, Garage floor recently painted and some of the appliances. Back covered patio. Located on the high end of Hamblen Road- High and Dry! No history of flooding.
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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 |
|---|---|---|---|
| Jun 13, 2023 | Sold | ||
| Sold | |||
| Mar 22, 2023 | Listed by RE/MAX Associates Northeast | $335,000 | |
| Listed by RE/MAX Associates Northeast | |||
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Last Updated: 5 months ago
Data Source: HAR , MLS# 59948033
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017