18 Independence 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 |
|---|---|---|---|
| Jan 27, 2021 | Sold | ||
| Sold | |||
| Dec 10, 2013 | Sold | ||
| Sold | |||
| Jun 21, 2013 | Listed by Squanicook Associates Real Estate | $299,500 | |
| Listed by Squanicook Associates Real Estate | |||
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Four bedroom Colonial located in Centre Village just off Main Street in a family neighborhood setting. Updated kitchen with maple cabinets, granite countertops, hardwood flooring and dining area with fireplace. Formal dining room and fireplaced living room with hardwood flooring. Master bedroom with large walk in closet and full bath. Three additional bedrooms, sitting area or office space. Lower level family room with slider to back yard. Interior painting and new carpeting needed for the second floor. Young roof and vinyl windows; town water and sewer. Walk to library, school and playground!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017