2228 Offerande Drive
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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 |
|---|---|---|---|
| Feb 21, 2024 | Sold | ||
| Sold | |||
| Jun 22, 2023 | Listed by Village Homes | $679,200 | |
| Listed by Village Homes | |||
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Incentives for rate buy down available. New build, Walsh. 4 bedrooms, 2 on main level; luxurious owner's suite with vaulted ceilings, natural light galore and a spa-like ensuite bath with huge tub and separate showers. Featuring large closets; and the private owner's oasis, this retreat is one to behold. Second guest suite and full bath is on main level for inlaws, guests or study. 20 foot ceilings in the living area provide the wow factor all crave. Open to the huge kitchen and dining space, entertaining is a dream in this space. Custom painted cabinetry, quartz countertops, stainless steel appliances, serving bar and huge walk in pantry provide the everyday cook or the master chef the perfect place to work. A separate utility room and 3 car garage entered through a mud room space round out the first level. Upstairs, an enormous game room, 2 bedrooms and a separate 2 vanity bath offer living at its best.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017