196 Park Place
About This Property
Home has 4 bedrooms with all walk-in closets. Double sinks in Master and 2 bath. Vaulted ceilings and open look makes this home feel open and airy. Crown molding throughout and5'' baseboards. Kitchen just recently remolded in March. Comes with Farmer sink, water fall quartz counter top and gorgeous white wave back splash.
The backyard is your own private sanctuary. Enjoy your outdoor sanctuary luscious landscape enjoy the salt water pool, which makes it so easy to maintain. The outdoor patio was updated with an extended 12 x 14-9 concrete deck and tongue and grove ceiling. Plenty of room for entertaining. Luscious landscape gives you total privacy while enjoying the outdoor pool area.
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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 |
|---|---|---|---|
| Oct 22, 2021 | Sold | ||
| Sold | |||
| Jul 20, 2021 | Listed by American Dream Rlty of PSL,LLC | $674,900 | |
| Listed by American Dream Rlty of PSL,LLC | |||
| Oct 28, 2020 | Sold | ||
| Sold | |||
| Aug 15, 2020 | Listed by American Dream Rlty of PSL,LLC | $547,900 | |
| Listed by American Dream Rlty of PSL,LLC | |||
| Nov 22, 2000 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017