20 Joyce 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 |
|---|---|---|---|
| Mar 5, 2025 | Sold | ||
| Sold | |||
| Feb 8, 2025 | In contract | - | |
| In contract | |||
| Feb 4, 2025 | Listed by Keller Williams Realty North Central | $199,000 | |
| Listed by Keller Williams Realty North Central | |||
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This home is full of untapped potential! The kitchen has been completely gutted and is ready for a makeover! Brand new Marqui Knotty Alder cabinets with a Sienna finish and dovetail soft-close drawers are sitting in their boxes, ready to be installed. Plus, there’s a BRAND new Whirlpool wall oven, microwave, dishwasher, and refrigerator, all still in their packaging. The bathroom has also been gutted and just needs a contractor to finish the work. The home features a cozy fireplaced living room, hardwood floors, a walk-out basement, and a one-car garage under. Located in a beautiful neighborhood on a great lot, this property is an investor’s dream! With some TLC and a little creativity, this home could be transformed into something amazing. The property is being sold AS-IS, but it’s a fantastic opportunity to bring this gem back to life!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017