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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 |
|---|---|---|---|
| Aug 25, 2025 | Sold | ||
| Sold | |||
| Jan 12, 2025 | Listed by Group Harmony | $725,000 | |
| Listed by Group Harmony | |||
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This is the last home site for an Atrium plan by Thrive Home Builders available in Sonders! It's the perfect chance to finish building this home as you'd like! Pricing includes some basic options chosen - basement finish, fireplace and extended patio. Thrive Home Builders is known for their great attention to detail and energy efficient features that help save you money and increase the comfort in your home. You can set the temperature and forget about it because the heating/cooling system is set up to run in a highly efficient manner. Tankless water heater with recirculating water pump (an upgrade for many builders), active and tested radon system, sewer scope performed prior to closing, sump pump in all basements, HERS scores for built homes averaging in the 20's (compared to many new homes in the 50's).Low solar lease helps with monthly savings. You'll rest easy knowing you are living in a very well built, beautiful home, that will last for many years. Lake access and walking trails plus many more neighborhood amenities yet to come. Sales office and model homes are open Friday - Sunday. You can also call us anytime for a private appointment!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017