17 Newburgh Road
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 |
|---|---|---|---|
| Jan 11, 2019 | Sold | ||
| Sold | |||
| Nov 19, 2018 | Sold | ||
| Sold | |||
| Oct 14, 2018 | No longer available | - | |
| No longer available | |||
| Aug 3, 2018 | Price Decreased |
$329,000
↓ $10K
(3%) | |
| Price Decreased | |||
| Jun 13, 2018 | Listed | $339,000 | |
| Listed | |||
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Welcome to 17 Newburgh Road! Beautifully renovated 3 Bedroom, 2.5 Bath Colonial with an open floor plan for today's living! Features include a new Eat in Kitchen with granite counter tops, stainless steel appliances and a glass door to the patio, oversized Living Room with a brick fireplace and crown molding, spacious formal Dining Area with picture window, Master Bedroom Wing with new Bath/large shower, walk in closet, balcony and Office/Study, 2 additional large Bedrooms, new Hall Bath with a tub, utility room with laundry hook-up, new high efficiency gas furnace with air conditioning zoned with wi-fi thermostats, hardwood floors, recessed lighting, and a huge patio for outdoor living! Lake and beach rights. Taxes do not reflect the STAR deduction ($1051.60) The manager has listed the unit size as 1926 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017