222 Cardinal 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 |
|---|---|---|---|
| Feb 23, 2024 | Sold | ||
| Sold | |||
| Feb 4, 2024 | Listed by Exit Realty Connections | $480,000 | |
| Listed by Exit Realty Connections | |||
| | |||
|
Come live in a vacation spot! People pay a lot of money to spend time in a place like this...but you can live here! Your own pond that's really more like a small lake with fishing potential ..it has a fountain that lights up at night! Set back off the road, so there's plenty of privacy...surrounded on 3 sides by a retreat camp...woods cover it all so really no visible neighbors. 2 car garage with additional space for a workshop or office. Inside there's a lovely living room that flows through to the dining room and is open to the kitchen. In addition to the 3 main floor bedrooms, there's a loft that lends itself to multiple uses.
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| Dec 15, 2023 | No longer available | - | |
| No longer available | |||
| Aug 25, 2023 | Price Decreased |
$476,000
↓ $4K
(0.8%) | |
| Price Decreased | |||
| Jun 21, 2023 | Listed by EXIT REALTY CONNECTIONS | $480,000 | |
| Listed by EXIT REALTY CONNECTIONS | |||
| | |||
|
Come live in a vacation spot! People pay a lot of money to spend time in a place like this...but you can live here! Your own pond that's really more like a small lake...it has a fountain that lights up at night! Set back off the road, so there's plenty of privacy...surrounded on 3 sides by a retreat camp...woods cover it all so really no neighbors. 2 car garage with additional space for a workshop or office. Inside there's a lovely living room that flows through to the dining room and is open to the kitchen. In addition to the 3 main floor bedrooms, there's a loft that lends itself to multiple uses. The manager has listed the unit size as 1659 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017