222 Thomas Drive
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%.
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 |
|---|---|---|---|
| Jun 26, 2019 | Sold | ||
| Sold | |||
| May 14, 2019 | Listed by Intero Real Estate Services | $1,585,000 | |
| Listed by Intero Real Estate Services | |||
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Gorgeously updated home with designer touches like crown molding, recessed lighting & arched doorways. Spacious living room features hardwood floors & sliding doors opening to backyard. Stunning kitchen features custom cabinetry, high-end Electrolux IQ stainless steel appliances, granite counters & contemporary back-splash. Spacious dining area features a gas fireplace & direct access to the backyard. Bedrooms are bright and sunny with built-in closet shelving. Bathrooms have been updated with wood vanities, decorative tile in showers, faucets and lighting. The backyard oasis has a paved yard, wood fence & lush landscaping with Japanese maple tree, rose bushes & vegetable garden. Other features include, Milgard dual pane windows, indoor laundry room, central A/C, copper piping, water filtration & softening system, tank-less water heater. Garage floor is epoxy sealed and has custom built-in cabinets. Located in great Los Gatos family neighborhood right next to a childrens park.
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| Jul 28, 2017 | Sold | ||
| Sold | |||
| Jun 28, 2017 | Listed by KW Bay Area Estates | $1,399,000 | |
| Listed by KW Bay Area Estates | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017