1917 Waugh Drive
About This Property
Located on one of the most iconic streets and in the very heart of Montrose, 1917 Waugh Dr. offers all of the above, so much more, and all of it has been meticulously cared for throughout the years. And, one more thing, just outside the home and in any direction, you are within walking distance to a vast and eclectic array of neighborhood shops, bars, parks, and restaurants.
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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 |
|---|---|---|---|
| Jun 14, 2021 | Sold | ||
| Sold | |||
| Apr 26, 2021 | Listed by Coldwell Banker Realty | $495,000 | |
| Listed by Coldwell Banker Realty | |||
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Why corner units are so highly coveted? For starters, the home’s open sides allow for precious and stress relieving natural light to flood the home’s interior spaces. Through large windows, the corner unit is able to offer distant views through the neighborhood, horizon, and sunsets instead of peering directly into a neighbor’s window. Or, even worse, staring right at their wall. And, in rarer occasions, the corner unit will even have a quaint gated side yard. Not too much to maintain, but enough to allow kids to play, to bar-b-que on your property, or to let the dog out when time is short while working from home.
Located on one of the most iconic streets and in the very heart of Montrose, 1917 Waugh Dr. offers all of the above, so much more, and all of it has been meticulously cared for throughout the years. And, one more thing, just outside the home and in any direction, you are within walking distance to a vast and eclectic array of neighborhood shops, bars, parks, and restaurants.
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Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017