1933 Newton Drive
About This Property
Nestled in a sought-after neighborhood, this home serves as the perfect sanctuary for families or individuals looking for contemporary comfort and style. The thoughtful enhancements and strategic layout ensure that each room maximizes space and aesthetic appeal, making it an ideal choice for those seeking a ready-to-move-in property with all the modern conveniences.
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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 26, 2024 | Sold | ||
| Sold | |||
| May 24, 2024 | Listed by Sudman Enterprises Inc | $729,000 | |
| Listed by Sudman Enterprises Inc | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017