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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%.
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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 |
|---|---|---|---|
| Oct 24, 2018 | Sold | ||
| Sold | |||
| Sep 19, 2018 | Listed by Coastlands Real Estate Group | $849,000 | |
| Listed by Coastlands Real Estate Group | |||
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Check out this fabulous deal in Ondulando - Beautiful, highly upgraded single story home, priced to sell. Desirable cul-de-sac location. Home features a gourmet kitchen including gorgeous granite counter tops, custom cabinets, subway tile back splash, farm style sink, large center island, and stainless Dacor & Kitchenaid appliances. Large living room with stone fireplace surrounded by built-in bookshelves and in-ceiling surround sound system all complimented by beautiful, manufactured wood plank flooring. Newer dual-paned windows and sliding glass doors. Bathrooms have been remodeled and master bath includes marble vanity and dual sinks. Fresh landscaping in both front and back yards, including cute, drought tolerant succulent garden. Fabulous private back yard with Santa Barbara hand cut stone retaining walls to complement the stamped concrete patio, free form pool and spa. Solar electric system is 100 percent owned, ensuring low electric bills for years to come. Owner is moving out of state and says 'bring all offers'. Priced well below comparable properties. Seller is highly motivated.
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| Apr 3, 2018 | Sold | ||
| Sold | |||
| Jul 29, 2017 | Listed | $925,000 | |
| Listed | |||
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Beautiful Highly Upgraded upper Ondulando cul-de-sac pool home with Hundreds of thousands in upgrades. Owners have loveingly cared for this home for the past 21 years. Solar electric system is 100 percent owned and surplus electricity is sold back to Edison. Must see this gourmet kitchen with beautiful granite counter tops and custom cabinets, farm style sink, large center island, Dacor and Kitchen Aide appliances and refrigerator stays. Recessed lighting. Newer dual paned windows and slidingglass doors. Fabulous private back yard with Santa Barbara hand cut stone work retaining walls to complement the beautiful patio pool and spa. 4th Bedroom being used as Office/Den. Remodeled bathrooms. Master bathroom has Marble vanity top with two sinks and maple cabinets. Lots of garage storage The manager has listed the unit size as 1800 square feet.
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| Jul 13, 2017 | Listed by RE/MAX Gold Coast REALTORS | $915,000 | |
| Listed by RE/MAX Gold Coast REALTORS | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017