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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 29, 2025 | Sold | ||
| Sold | |||
| Mar 12, 2025 | Listed | $709,900 | |
| Listed | |||
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The Baja, is a charming single-story patio home by Trumark Homes offering 2,154 Sq. Ft. of living space. This captivating plan with modern exterior finishes includes two secondary bedrooms as you enter the home. Head down the hall and you'll find a multi-functional great room with a modern gas fireplace, dining area, and open kitchen. The gourmet kitchen features a center preparation island, white cabinets, matt black fixtures, quartz countertops, and stainless steel appliances. The primary suite features a luxurious spa-like bathroom with dual sinks, a large shower, and a walk-in closet. This home also comes with extensive LVP flooring in entry, kitchen, great room and dining room, carpet in bedrooms, a tankless water heater, an insulated steel garage door, garage door opener and much more! Water Valley offers so many amenities - you'll love living here!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017