224 Nicholas 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 |
|---|---|---|---|
| Oct 16, 2020 | Sold | ||
| Sold | |||
| Aug 27, 2020 | Listed | $599,900 | |
| Listed | |||
| Nov 10, 2005 | Sold | ||
| Sold | |||
| Jan 19, 2005 | Listed by Keller Williams Realty North Central | $439,900 | |
| Listed by Keller Williams Realty North Central | |||
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Eagle Ridge at Lancaster, Premier 55+ Active Adult Commnity offers this Washington Design. Included are features such as: Tiled Kitchen/Baths, Central Air, MasterBath w/jetted tub, Formal Dingroom w/wainscotting and Hardwoods,2 car attached garage, full basements and custom detailed moldings. 7 styles to choose from. Lots available in Phase II. Open House Most Sundays 12-3pm!
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Address: 335 Madison Avenue, New York, NY 10017