1718 Southern 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 |
|---|---|---|---|
| Mar 18, 2024 | Sold | ||
| Sold | |||
| Feb 8, 2024 | Listed by Kelly, Realtors | $199,500 | |
| Listed by Kelly, Realtors | |||
| May 17, 2020 | No longer available | - | |
| No longer available | |||
| May 15, 2020 | Listed | $124,500 | |
| Listed | |||
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Updated 3BR/1.5 BA home in convenient Fish Pond area. Move in ready. Open kitchen/den/dining combo. Fresh interior paint, new vinyl plank flooring. Kitchen features include new granite counters with undermount sink, subway tile backsplash, stainless gas cooktop, oven and dishwasher. CH/A with gas heat. Attractive painted brick and vinyl siding exterior. Fenced yard, shaded lot. The manager has listed the unit size as 1157 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017