2 CAMBRIDGE Drive
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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 |
|---|---|---|---|
| Jun 30, 2023 | Sold | ||
| Sold | |||
| Mar 17, 2023 | Listed by ATELIER WM LLC NY | $421,000 | |
| Listed by ATELIER WM LLC NY | |||
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This beautifully renovated 3-bedroom home is perched on .27 acres in an unbeatable location in the village of Red Hook. Enter through the large, light filled living room to find crisp, chic updates, large windows, and pristine hardwood floors. The oversized eat-in kitchen features brand new appliances, subway tile backsplash, classic butcher's block countertop, and tiled stone floors, with plenty of room for a proper dining setup. The kitchen door leads to a large, private yard with new fencing, a blank canvas ready for your landscaping touch. The three spacious bedrooms are located in the north wing of the house, all conveniently situated in close proximity to the stylish windowed bathroom. There is a large, dry, finished basement, in addition to a 2-car garage with plenty of room for more storage or a woodworking shop. The roof, siding, heat/AC splits, electrical panel, sub panel, windows and doors are all new. Enjoy the serenity of a quiet block and the convenience of town. 2 Cambridge is around the corner from JB Peel Coffee and Migliorelli's Farn Stand, and just blocks from the best restaurants and shops that the burgeoning village of Red Hook has to offer.,Below Grnd Sq Feet:1015,Unfinished Square Feet:1015,ExteriorFeatures:Landscaped,Outside Lighting,Storm Doors,ROOF:Asphalt Shingles,AboveGrade:1015,FLOORING:Ceramic Tile,Wood,InteriorFeatures:Electric Dryer Connection,Washer Connection
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| Dec 7, 2022 | Sold | ||
| Sold | |||
| Apr 13, 2022 | Listed by ATELIER WM LLC NY | $405,000 | |
| Listed by ATELIER WM LLC NY | |||
| May 13, 2021 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017