224 Paula 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 |
|---|---|---|---|
| Dec 10, 2018 | Sold | ||
| Sold | |||
| Nov 11, 2018 | No longer available | - | |
| No longer available | |||
| Aug 14, 2018 | Listed | $450,000 | |
| Listed | |||
| | |||
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-Majestic Home in Amary Meadows! Brazilian Hardwoods. Gourmet Kitchen w/Nearby Keeping Room & Two-Story Family Room both w/a Fireplace. Dining w/Coffered Ceiling. 1st Floor Master w/Sitting Room & Luxury Bath. Sun Room. Intercom System. Lower Level w/Kitchenette, Rec/Game Room, Den, Office, Full Bath, and Unfinished Storage. Sun Room, Re-boarded & Re-stained Deck (2017), Lower Patio, Fenced Backyard, and Peaceful Wooded Views. Cul-de-Sac. Just 8 miles to downtown Angier & Jack Marley Park!
| |||
| Jun 8, 2018 | Listed by RE/MAX United | $450,000 | |
| Listed by RE/MAX United | |||
| Jan 4, 2005 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017