1619 First Light Dr
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 |
|---|---|---|---|
| Feb 15, 2023 | Sold | ||
| Sold | |||
| Jan 9, 2023 | Listed by Coldwell Banker Plains-Windsor | $549,000 | |
| Listed by Coldwell Banker Plains-Windsor | |||
| Feb 8, 2022 | Sold | ||
| Sold | |||
| Dec 22, 2021 | Listed by Black Timber Real Estate LLC | $515,000 | |
| Listed by Black Timber Real Estate LLC | |||
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This multi-level home features a great floor plan with lots of finished square footage and 4 bedrooms! The flex room off the entry could be used as an office, dining or formal living room. The large kitchen has wood floors, espresso cabinets and generous island counter space. The oversized garage has plenty of room for a workshop or golf cart parking. The rear patio overlooks the fully landscaped and fenced yard. The unfinished fourth level offers room to grow or great storage space. Start your new year off right in desirable Raindance subdivision.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017