197 Private Road 6623
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 |
|---|---|---|---|
| Feb 26, 2024 | Sold | ||
| Sold | |||
| Sep 14, 2023 | Listed by Real Broker, LLC | $160,000 | |
| Listed by Real Broker, LLC | |||
| Jul 14, 2022 | No longer available | - | |
| No longer available | |||
| Jun 10, 2022 | Listed by REAL Broker, LLC | $160,000 | |
| Listed by REAL Broker, LLC | |||
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**There's also a shared water softener installed with the well. Expenses for maintenance/repairs will be shared.** Welcome to this cute private single story home! *Automatic gate surrounding the property* Enjoy the morning breeze or your morning cup of coffee on your large porch. Upon entry, you will be pleased by the open floor concept that opens up to the large living room and the kitchen with laminate flooring throughout. The kitchen has an island bar, great storage, appliances and a subway tile backsplash. The master bedroom is large with their own private bath with double vanity sinks, and walk-in shower. Secondary bedroom is great in size. *Utility room inside* Oversized yard with a small patio to relax, and added storage provided from the storage. The manager has listed the unit size as 890 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017