18 Ardmore 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 |
|---|---|---|---|
| Jun 23, 2017 | Sold | ||
| Sold | |||
| Nov 4, 2016 | Listed by EXIT Realty Beatrice Associates | $649,900 | |
| Listed by EXIT Realty Beatrice Associates | |||
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NEW CONSTRUCTION on quiet culdesac in area of new homes with easy access to trains, beaches, major routes and schools.!! Location offers direct roads to Beverly and Danvers. Master builder presents 2500 Sf, 4 BR, 2.5 bath, 2 car garage home. Open concept throughout living, dining, kitchen and family room. Designer kitchen with granite, gas stove, SS appliances and Schrock cabinetry. Hardwood flooring throughout first floor and 2nd floor hallways, A/C,Security system, Fireplace, Anderson windows,gas heat and cathedral ceiling family room. Recessed lighting, oil rubbed hardware, tiled laundry and attic space for storage. Deck overlooks manicured lawn with paved driveway, full basement for additional future living space and private yard. Finished model available to tour at close proximity. Stone walls, brick walkways and brick faced stairs. December completion.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017