228 Robinson 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 6, 2021 | No longer available | - | |
| No longer available | |||
| Aug 12, 2021 | Sold | ||
| Sold | |||
| Jul 13, 2021 | Listed by RE/MAX Action | $200,000 | |
| Listed by RE/MAX Action | |||
| Jan 13, 2021 | In contract | - | |
| In contract | |||
| Jan 6, 2021 | Listed | $160,000 | |
| Listed | |||
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Here is your chance to own an affordable ranch with a basement! This home has 3 bedrooms, 2 baths, a detached 2-car garage with a side driveway, and a fenced yard. The finished basement has a family room, office, sump pump with battery backup and plenty of storage. It also has the possibility of a second kitchen offering a refrigerator, stove, cabinets & a sink. The washer and 2 dryers are located in the basement as well. Some updates needed, but the major updates have been done including: Anderson windows 2014, roof replaced 2013, furnace/AC 2018, electric updated from fuses to circuits in 2015 and backdoor/porch 2015. This home is not located in a flood plain. Located just minutes away from everything downtown Morris has to offer!!! Don't miss out on this amazing opportunity and make your appointment today! The manager has listed the unit size as 1064 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017