1701 E Vernon Drive
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 |
|---|---|---|---|
| Apr 1, 2024 | Sold | ||
| Sold | |||
| Feb 2, 2024 | Listed by Coldwell Banker R.E. Group | $315,000 | |
| Listed by Coldwell Banker R.E. Group | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Apr 20, 2020 | In contract | - | |
| In contract | |||
| Apr 4, 2020 | Listed | $212,900 | |
| Listed | |||
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Under construction in Urbana's South Ridge neighborhood! Highly desirable floor plan and price point - do not let this one get away! Qualifies for THINK Urbana property tax savings - over $20,000 in property tax savings in the first 5 years of ownership! 3 Bedrooms, 2 full bathrooms and an open concept living room, kitchen and dining room. Off of the 2 car garage is a mudroom with a dedicated laundry room. The master bedroom features a walk-in closet and en suite bathroom with a standup tiled shower and a double vanity sink. The kitchen is equipped with an island and granite countertops. Throughout the living spaces is resilient laminate flooring and the bedrooms feature carpet. Still time to pick custom finishes! Estimated completion is July 2020. The manager has listed the unit size as 1402 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017