2 Pauls 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 |
|---|---|---|---|
| Jul 18, 2024 | Sold | ||
| Sold | |||
| Jun 7, 2024 | Listed by Lamacchia Realty, Inc. | $574,900 | |
| Listed by Lamacchia Realty, Inc. | |||
| | |||
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Open house canceled! Offer accepted! Custom-built ranch offers the luxury of one-level living and boasts hardwood flooring complemented by soaring ceilings. The spacious living room features newly added custom built-ins & a cozy gas fireplace, seamlessly connecting to a galley-style kitchen w/ stainless steel appliances, granite countertops, & a convenient pantry. The home includes 3 generously sized bedrooms, w/ the main bedroom offering an en suite bath for your comfort. Additionally, there's a bonus office off the foyer and a four season sunroom to enjoy. Modern amenities include a whole-house generator, double-paned windows, and central air. A standout feature of this property is the impressive 4-car garage with 15ft ceilings, perfect for all your storage needs or a workshop. Outside, relax on the composite deck overlooking the professionally landscaped yard. The basement is a blank canvas offering additional space for storage or finishing it to your liking. Welcome home!
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| Oct 16, 2020 | Sold | ||
| Sold | |||
| Sep 2, 2020 | Listed by Lamacchia Realty, Inc. | $439,000 | |
| Listed by Lamacchia Realty, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017