2 Mclain Drive
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 |
|---|---|---|---|
| Apr 19, 2024 | Sold | ||
| Sold | |||
| Feb 23, 2024 | Listed by The Zenkin Realty Group LLC | $569,000 | |
| Listed by The Zenkin Realty Group LLC | |||
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Don't miss this opportunity to purchase this fully remodeled 4 Bed, 2 Bath home in a perfect location!!! This home is close to everything, restaurants, shopping, highway, schools and yet sits in a quiet neighborhood. The floor plan is incredible. The first floor has an open concept from Kitchen to Living Rm, 2 large Bed Rms with a huge master bath and huge full bath. The Second floor also has 2 large Bedrooms. The garage is deceivingly large and can easily be a working garage. Some things to mention: New Siding, full basement, new roof, new electrical, new 100 year septic, and new hot water tank. The backyard has beautiful views and the Sellers will finish the landscaping in the Spring.
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| Feb 10, 2023 | Sold | ||
| Sold | |||
| Aug 6, 2022 | Listed by Boutwell Real Estate | $280,000 | |
| Listed by Boutwell Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017