1729 Michael 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 |
|---|---|---|---|
| Mar 22, 2024 | Sold | ||
| Sold | |||
| Feb 6, 2024 | Listed by Progressive Realty, LLC. | $504,900 | |
| Listed by Progressive Realty, LLC. | |||
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Move in Ready, 4bed/3 bath home on 2 acres with a huge bonus room!! Walk into this open floor plan home and instantly see tons of upgrades! Hardwoods, tile backsplash, and granite countertops are just a couple upgrades you will find. The master on the main floor has its own bathroom suite equipped with tile floor, a tile shower and his and her sinks. The other two bedrooms are on the main floor with a shared bath but you will also find an extra bedroom on the upstairs with its own bath as well as a huge bonus room. Outside your will find a large covered patio overlooking the private large back yard. Come see this home today!
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| Feb 1, 2023 | Listed by Progressive Realty LLC | $504,900 | |
| Listed by Progressive Realty LLC | |||
| Nov 16, 2018 | Sold | ||
| Sold | |||
| Jul 28, 2015 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017