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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 |
|---|---|---|---|
| Dec 23, 2021 | Sold | ||
| Sold | |||
| Oct 21, 2021 | Listed by Nieman Realty | $445,000 | |
| Listed by Nieman Realty | |||
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Original Owner. Has never Flooded!! Didn't lose power during the freeze! Beautiful one-story home in Eagle Lakes subdivision, with large lots, mature trees, and great neighbors. Lots of updates. Kitchen tile, backsplash, paint and re-stained cabinets. Primary bedroom - new flooring, paint and custom closet added. Primary bathroom - new tile, shower, frameless shower door, custom cabinets, granite countertops, sinks & faucets, lighting and more. New ceiling fans throughout. Beautiful pool with waterfall and new rock landscaping. New plants replaced in the front landscaping. 3-car garage with built-in cabinets. Roof replaced 2017, A/C 2018. Must see!! Open house 10/22 and 10/23.
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About Eagle Lakes
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017