2 Ferndale Road
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 |
|---|---|---|---|
| Jul 26, 2021 | Sold | ||
| Sold | |||
| Apr 1, 2021 | Listed by HomeSmart Homes & Estates | $349,999 | |
| Listed by HomeSmart Homes & Estates | |||
| | |||
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This lovely two bedroom ranch in beautiful Putnam Lake is sure to check off every box on your list. The 1st floor master bedroom with it's own full bathroom offers ease of access and privacy, while the second bedroom and den/office offer excellent space and flexibility of use. The kitchen, dining room, and living room flow seamlessly with one another and feature recessed lighting, updated appliances and plenty of natural light. Downstairs you'll find a private laundry area and spacious family room with a variety of uses at your disposal as well as direct access to the side yard and two car garage. The lot is full fenced-in and the driveway has plenty of room for all your family and friends for those fun summer barbecues. Enjoy everything Putnam Lake has to offer with ice fishing in the winter and kayaking, fishing, and swimming in the summer. Close to many hiking trails, shopping areas, major highways, and public transportation.
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| Mar 19, 2021 | Listed by HomeSmart Homes & Estates | $349,999 | |
| Listed by HomeSmart Homes & Estates | |||
| Nov 16, 2009 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017