18 Vernon 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 |
|---|---|---|---|
| Nov 1, 2023 | Sold | ||
| Sold | |||
| Oct 17, 2023 | In contract | - | |
| In contract | |||
| Oct 10, 2023 | Listed by Keller Williams Elite | $469,900 | |
| Listed by Keller Williams Elite | |||
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Wonderful Ranch on cul de sac offers 3 BDRMS & 2 BA w/ a large level yard perfect for outdoor entertaining. Upon entering the home the bright, yet cozy living room w/ picture window, hardwood flooring & fireplace greet you warmly. The space opens up to the dining room w/slider to deck & the updated kitchen w/ a practical mudroom side entrance; while the hallway leads to a full bath & bedrooms w/hardwood flooring. One level living abounds w/the spacious primary bedroom suite boasting a 3/4 bath, walk in closet area, laundry hook ups, hardwood flooring, skylights & a beamed ceiling. A sprawling yard is complimented by mature plantings, wildflower gardens, a large deck, newer shed & an ample driveway. Recent updates to the home include some plumbing repairs, interior & exterior painting, a newer hot water tank, Buderus heating system, & Masonite exterior door in basement. A partially finished basement & a convenient location add to this home's appeal! Showings begin Thursday 10/12/2023.
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| Nov 30, 2010 | Sold | ||
| Sold | |||
| Oct 22, 2010 | Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | $269,900 | |
| Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | |||
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Priced well below assessed value. Spacious ranch in a great neighborhood. Added master suite sets this apart from the competition. Nice private level yard for outdoor activities. Newer roof and kitchen has been updated. Additional living area in finished basement with hearth ready for a wood stove. Town water and town sewer. Close to everything, including park, playground, shopping, and equestrian center. Easy to show, call today.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017