2101 Banyan Way
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 |
|---|---|---|---|
| Sep 4, 2024 | Sold | ||
| Sold | |||
| Aug 15, 2024 | In contract | - | |
| In contract | |||
| Jul 30, 2024 | Listed by Redfin | $400,000 | |
| Listed by Redfin | |||
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Welcome to your perfect starter home or investment gem! This corner lot charmer comes with central heat and air conditioning, ensuring year-round comfort. With a freshly painted interior, updated baseboards, stylish new light fixtures, and sleek door hardware, this home is move-in ready and just waiting for your personal flair. Enjoy added privacy with a gated front entry. Conveniently located close to the freeway, schools, and shopping...you’ll have everything you need right at your fingertips. And the cherry on top? No HOA fees to worry about! Whether you’re starting your homeownership journey or adding to your investment portfolio, this is the one. Hurry, it won’t last long—blink and you might miss it!
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| Jun 14, 2017 | Sold | ||
| Sold | |||
| May 2, 2017 | Listed by KELLER WILLIAMS | $232,000 | |
| Listed by KELLER WILLIAMS | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017