2 Michael 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 |
|---|---|---|---|
| Sep 9, 2013 | Sold | ||
| Sold | |||
| Jul 1, 2013 | Listed by Keller Williams Realty | $349,000 | |
| Listed by Keller Williams Realty | |||
| May 19, 2010 | Listed | $369,900 | |
| Listed | |||
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Location is the Key=Nice sub-division with your own privacy-Kitchen has Granite Counters & Ceramic Tile Floor. Make your offer and move just in time to enjoy the Beautiful In-the-Ground Pool. Walk-Out DRY Basement has a Family, Game and/or Bar Area started waiting for your finishing touches. New Windows within the last year. A Super Store Stainless indirect hot water heater has also been installed within the last year. Shed for storage. Attic fan for the summer months. Make an Appointment Today!
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| Dec 5, 2003 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017