Lot 2A Michael 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 |
|---|---|---|---|
| May 2, 2022 | Sold | ||
| Sold | |||
| May 23, 2013 | Sold | ||
| Sold | |||
| Oct 19, 2012 | Listed by RE/MAX Executive Realty | $259,900 | |
| Listed by RE/MAX Executive Realty | |||
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UNDER CONSTRUCTION! Set on 1.5 acres, this brand new split is in a new 27 home subdivison. Living room has gas fireplace w/custom mantle & HW floor. Maple cabinets & center island w/breakfast bar in kitchen. Open floor plan w/vaulted ceiling over the living rm, dining rm & kitchen. 3 nice sized bedrooms and 2 full baths. Tile floors & granite counters in kitchen & both baths. 12x12 PT deck.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017