1681 Newcastle Drive
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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 |
|---|---|---|---|
| Apr 16, 2021 | Sold | ||
| Sold | |||
| Jun 17, 2020 | Listed by Coldwell Banker Apex, REALTORS | $420,000 | |
| Listed by Coldwell Banker Apex, REALTORS | |||
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Walk to ACU! Luxury, location & room for everything. Nestled in a quiet cul-de-sac across the street from ACU this hidden gem is designed for spacious living, privacy & luxury. Split 3 bedrooms - each with full bath! Master has attached office or nursery or bonus room & huge bathroom with two custom walk in closets. Great room is enormous with beautiful gas fireplace and large windows! High end appliances, double ovens, warming drawer, trash compactor & ice machine. Utility room is very spacious with it's own half bath. Highly sought after University Hills near shopping, entertainment & schools yet feels secluded & private. Brand new Taylor Elementary! See links for the 3D virtual tour.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017