216 Adlena Drive
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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%.
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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 16, 2018 | Sold | ||
| Sold | |||
| Jun 13, 2018 | Listed by T.N.G. Real Estate Consultants | $679,000 | |
| Listed by T.N.G. Real Estate Consultants | |||
| Apr 15, 2015 | Sold | ||
| Sold | |||
| Jan 14, 2015 | Listed by Home Pro Realty | $594,000 | |
| Listed by Home Pro Realty | |||
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Beautiful single story home is model perfect and waiting for you! Expanded and remodeled like new! Step through the entry door into the living room offering new carpet. The chef's kitchen has been upgraded showcasing dark Mahogany colored granite counters, Italian tile flooring, Birch wood cabinets, under counter lighting, a wine rack, convection oven and black appliances. The great room, adjacent to the kitchen, is an ideal space for entertaining offering an eating area with a bowed window and tile floors, cathedral ceilings and a large slider that looks out to the backyard. The master bedroom is huge and boasts a large walk in closet and an adjoining room, perfect as an office with potential as a 4th bedroom. The neutral colored interior is the ideal canvas for décor and highlights laminate/hardwood flooring, plush carpet and fresh paint. Amenities include a laundry room, Plantation Shutters, custom window coverings, recessed lighting, upgraded lighting fixtures and ceiling fans throughout. Entertain all year in the professionally landscaped backyard featuring a covered flagstone patio with a ceiling fan, a built-in BBQ with a raised bar and a fire pit. The price includes the washer, dryer, refrigerator and Tuff shed storage unit. Welcome home!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017