204 Packard Rd
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 15, 2024 | Sold | ||
| Sold | |||
| Jan 17, 2024 | In contract | - | |
| In contract | |||
| Jun 12, 2023 | Listed by Lamacchia Realty, Inc. | $235,000 | |
| Listed by Lamacchia Realty, Inc. | |||
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What an incredible opportunity! Attention Contractors, Investors and anyone willing to put in the work to bring this property back to life. This property is an absolute gem for the savvy investors. A remarkable real estate offering guaranteed to deliver substantial returns on your investment. Younger Cape, 5 bedrooms, 3 full bathrooms, full in-law potential with 2 kitchens, full walk-out basement, just over 2 acres, & 2314 square feet of living space. Bring your fishing poles and kayak, this property abuts and has access to the Tully River. Please email list agent for additional details.
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| Jan 15, 1998 | Sold | ||
| Sold | |||
| Jul 14, 1997 | Sold | ||
| Sold | |||
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Address: 335 Madison Avenue, New York, NY 10017