1982 Ren Circle
About This Property
Unit B, is a two story home with a big open entry from the huge living room under a natural skylight to the bright open kitchen* and a fireplace off the formal dining room leading to the new patio glass slider and out door covered patio. Nice size back yard with an additional side entrance, great for barbecue's and entertaining family, friends and guest. A huge master bedroom with long closets and a full master bath. Another hallway bathroom and a normal sized bedroom. Living room leads to an upstairs hallway to a huge room with plenty of natural light and this units third full bathroom. Unit B has a two car garage with direct access. Unit A has a one car garage. An additional 3 car parking on the driveway. This is a great property and will not last.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Dec 1, 2017 | Sold | ||
| Sold | |||
| Sep 26, 2017 | Listed by Grand Avenue Realty & Lending | $829,000 | |
| Listed by Grand Avenue Realty & Lending | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/26/2017
| |
Studio
|
-
|
-
|
$829,000
Studio
-
|
$800,000
-3.50%
12/01/2017
|
Mike Trelles
Real Broker
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017