18 May Ter
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 20, 2024 | Sold | ||
| Sold | |||
| Oct 9, 2024 | In contract | - | |
| In contract | |||
| Sep 19, 2024 | Listed by Lock and Key Realty Inc. | $275,000 | |
| Listed by Lock and Key Realty Inc. | |||
| | |||
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If you are looking for a deal in this challenging market, here it is! This ranch has rock solid bones and many great features - hardwood floors, a remodeled kitchen, forced air heating and on-demand hot water, and single floor living with laundry available on the main floor. Nestled among well-kempt homes on a cul-de-sac street, get ready to enjoy the quiet backyard with a deck made private by trees and landscaping. Bonus features include a partially finished basement, sunroom, and attached garage. With a little bit of TLC and your personal touches, you will have your perfect ranch home!
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| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Apr 26, 2021 | Sold | ||
| Sold | |||
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Address: 335 Madison Avenue, New York, NY 10017