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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 |
|---|---|---|---|
| Sep 23, 2024 | Sold | ||
| Sold | |||
| Jun 15, 2024 | In contract | - | |
| In contract | |||
| Apr 26, 2024 | Listed by RE/MAX Professionals | $949,990 | |
| Listed by RE/MAX Professionals | |||
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MLS#6013857 REPRESENTATIVE PHOTO Built by Taylor Morrison, August Completion! Introducing the Copper floorplan at The Reserves at Looking Glass. Its open kitchen, eat-in island, and walk-in pantry seamlessly connect to the dining area. The great room boasts dramatic volume ceilings and a cozy fireplace, perfect for entertaining. Host special occasion meals in the formal dining room, adjacent to a downstairs bedroom and full bath. Upstairs, enjoy a luxurious primary suite with a 4-piece bath and spacious walk-in closet, plus three more bedrooms, two baths, a large laundry room, and loft. The full finished basement adds a rec room, basement bedroom, and bath, completing this impressive home. Structural options include: built in appliance package, 220V outlet in the garage, 14 seer A/C , Bedroom 5 in lieu of flex, 9' full finished basement, shower in lieu of tub in bath 4, 8' x 12' sliding glass door, modern 42" fireplace, double 8' glass door at study, owner's bath configuration 5, outdoor living 1, study in lieu of dining, and study glass wall.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017