217 Cardinal 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%.
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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 |
|---|---|---|---|
| Nov 27, 2024 | Sold | ||
| Sold | |||
| Oct 22, 2024 | In contract | - | |
| In contract | |||
| Sep 23, 2024 | Listed by Brick & Mortar | $694,900 | |
| Listed by Brick & Mortar | |||
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Cardinal Way abuts 100+ acres of the Parsons Brook conservation area, a haven for diverse plant and wildlife, truly a nature lovers paradise. This well cared for home has 4 bedrooms (1st fl. bedroom used as an office) 2 1/2 baths with 2x6 construction and 1st floor 9 ft ceilings. Parquet floors adorn the formal dining room and living room. The kitchen, breakfast nook and living room have an open concept for perfect entertaining. French doors open up to a 16x16 IPE deck and a private back yard. There is a 1/2 bath and separate laundry/coat room. The 2nd floor impresses right from the landing, a large Palladium window with a sitting area bathed in sunlight. The Primary ensuite boasts bamboo floors a walk-in closet and a full bath. The equally sized 2nd and 3rd bedrooms share another full bathroom. The lower level has a large family room with additional storage, a wood shop and craft room. There is a recently added heat-pump for heat and a.c. and a new gas furnace for back-up heat.
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| Aug 27, 2003 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017