18 Jericho Road #18
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 |
|---|---|---|---|
| Feb 1, 2008 | Sold | ||
| Sold | |||
| Feb 20, 2007 | Listed by Pulte Homes of New England | $473,000 | |
| Listed by Pulte Homes of New England | |||
| | |||
|
Outstanding value, unbelievable prices! This “ready to update” unit offers hardwood floors, fully applianced kitchen, spacious bedrooms, central air and a short walk to town center. Abuts Jericho Forest with miles of trails. Immediate occupancy! Other 1, 2 and 3 bedroom ready to update and renovated units available.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/20/2007
|
2 Bed
|
2 Bath
|
1313 ft²
|
$473,000
2 Bed
2 Bath
1313 ft²
|
$325,500
-31.18%
02/01/2008
|
David Daub
Pulte Homes of New England
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017