217-16 47th Road
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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 |
|---|---|---|---|
| May 29, 2024 | Sold | ||
| Sold | |||
| Mar 20, 2024 | In contract | - | |
| In contract | |||
| Feb 14, 2024 | Listed by Realty Connect USA LLC | $1,100,000 | |
| Listed by Realty Connect USA LLC | |||
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Look No Further! Detached Brick Ranch w/Bsmt in Queens 26 SD. HW Floors, Hi-Hats, CAC, New Kitchen, New Bath, New Boiler & Hot Water Heater. Side Entrance to Fully Finished Bsmt w/Half Bath, Storage, Utility/Work Room. Alarm-Central Station, Updated Elect Panel, Fully Fenced Yard. Semi In-Ground Pool & Shed are Gifts.
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Property Highlights
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About Northeastern Queens
Similar Homes for Sale
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$6,800 /mo
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- 2,100 ft²
Data Source: OneKey MLS
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Address: 335 Madison Avenue, New York, NY 10017