23 Newell 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 |
|---|---|---|---|
| Aug 13, 2024 | Sold | ||
| Sold | |||
| Jun 26, 2024 | In contract | - | |
| In contract | |||
| Jun 5, 2024 | Listed by Keller Williams Elite | $1,500,000 | |
| Listed by Keller Williams Elite | |||
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Open House Sunday June 23rd 11am-1pm. Spectacular Entertainer's Fantasy Home inside and out! Chef's Dream Kitchen, 8 burner gas double oven range, Restaurant size adjacent Pantry Room has built-in cabinets & dedicated entry from garage. Soaring ceilings in Family room and Sunroom with walls of windows overlooking the Event-Sized Cabana, Patio, Bar with Integrated Grill, Deck, Inground Heated Gunite Pool and Sprawling Lawn; your own at-home Disney World for old and young alike! Live like Royalty in the Master Suite, 4 closets, Dressing Room, Skylights shine upon the double vanity, jet-tub bath and glass/tile shower. Garage space for 4 cars and bonus space above for extra storage or private remote work expansion. Out of town guests? No problem. Lower level has 5th bedroom (double closets), full bath, living room, media room, game room and full size gym. Prized Keller Sullivan school district, Town water/sewer, natural gas for heat, hot water, cooking, plus indoor and outdoor fireplaces.
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| Jun 12, 2012 | Sold | ||
| Sold | |||
| Mar 28, 2012 | Listed by Keller Williams Elite | $875,000 | |
| Listed by Keller Williams Elite | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017