22 Horseshoe Drive
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Aug 27, 2018 | Sold | ||
| Sold | |||
| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
| Jul 16, 2018 | Listed | $62,500 | |
| Listed | |||
| | |||
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Lots of updates to the property , New Anderson Windows and front door, New Refrigerator, newer washer and dryer to remain, all window treatments (blinds) , New kitchen floor covered with a (rug in photo), New bedroom rugs, Newer Walk-in handicap shower, Porch is 5 years old, House recently painted and a nice walk way to a shed. The manager has listed the unit size as 819 square feet.
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| Jun 8, 2018 | Listed by Century 21 Cardinal | $62,500 | |
| Listed by Century 21 Cardinal | |||
| Aug 20, 2012 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017