18 COVINGTON DR
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 |
|---|---|---|---|
| Nov 26, 2019 | Sold | ||
| Sold | |||
| Apr 18, 2019 | Listed by Weichert - The Asbury Group | $174,900 | |
| Listed by Weichert - The Asbury Group | |||
| Jul 30, 2017 | Listed | $115,000 | |
| Listed | |||
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SUBJECT TO SHORT SALE APPROVAL! Popular 2sty model in Avandale West! 3 ample Bedrooms, convenient 1st floor laundry, Family Rm w/custom brick FP, full eat-in kitchen with dining area, 1c garage w/interior access & automatic opener, Fenced yard, screened in porch to savor the seasons. Newer roof & windows- E-Z to show & sell!!!!The manager has listed the unit size as 1500 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017