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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 |
|---|---|---|---|
| Jul 29, 2024 | Sold | ||
| Sold | |||
| Jun 22, 2024 | In contract | - | |
| In contract | |||
| Jun 11, 2024 | Price Increased |
$749,990
↑ $20K
(2.7%) | |
| Price Increased | |||
| Jun 9, 2024 | Price Decreased |
$729,990
↓ $20K
(2.7%) | |
| Price Decreased | |||
| Apr 17, 2024 | Listed by RE/MAX Professionals | $749,990 | |
| Listed by RE/MAX Professionals | |||
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MLS#3669999 REPRESENTATIVE PHOTO June Completion! The Alamosa presents 3 bedrooms, 2.5 bathrooms, a study, an attached 3-car garage, and 1,969 square feet of living area. Seamlessly blending an open layout with the cozy ambiance of ranch-style living, this home greets you with a welcoming foyer. Beyond, discover the airy great room, dining space, kitchen, and a covered back patio. A private study off the entrance offers an ideal spot for a home office. Relax in the primary suite, boasting abundant natural light, a luxurious soaking tub, separate shower, dual sink vanity, and a generously sized walk-in closet. Completing this delightful home are two additional bedrooms, a shared bathroom, and a conveniently located laundry room. Structural options include: full unfinished basement, modern fireplace, 12' ceilings, primary bath configuration 3, 3 car garage. Design upgrades include: built-in appliance package, 4' crown molding in the kitchen, trash bin, raised vanity at the secondary bath, generation lighting package 2, lighting pendant package, quartz countertops, and upgraded backsplash. Design options include: Classic Canvas Collection - Fanfare.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017