1926 Richland Drive
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 |
|---|---|---|---|
| Aug 30, 2023 | Sold | ||
| Sold | |||
| Mar 27, 2023 | Listed by Coldwell Banker Apex, REALTORS | $159,500 | |
| Listed by Coldwell Banker Apex, REALTORS | |||
| Mar 2, 2023 | No longer available | - | |
| No longer available | |||
| Jan 28, 2023 | Price Decreased |
$244,900
↓ $5K
(2%) | |
| Price Decreased | |||
| Jan 20, 2023 | Listed by Parker Douglas Realty, Inc | $249,900 | |
| Listed by Parker Douglas Realty, Inc | |||
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MOTIVATED SELLER! SELLER WILL PAY $4000.00 TOWARDS BUYER'S CLOSING COSTS AND WILL CONSIDER ALL OFFERS, INCLUDING FHA AND VA. USE IT FOR INTEREST RATE BUYDOWN, FENCING, ETC. THIS IS A FANTASTIC family home, perfect for family gatherings and entertaining, with 2 living areas, possibly 3 depending on your preference. Oversized master bedroom with fully updated master bath, secondary bathroom has new flooring and toilet, some plumbing and electrical updates. All flooring in house, with exception of tile in entry, was replaced in 2020. New hot water heater in Dec. 2022, HVAC replaced in 2018. This house has an excellent floor plan and room for everyone! Garage has workbench, shelving and extra storage. Outside of house was painted in May of 2022. Spacious secondary bedrooms and an extra room that can be an office, 3rd living area or a 4th bedroom. Large laundry room with a separate space for storage, hobby room, etc. Water well and huge producing pecan tree in backyard. The manager has listed the unit size as 2303 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017