230 Velma DRIVE W
About This Property
of this beautiful home awaits its new owner. Freshly painted, inside and out, the split floor plan of this home features CHERRY
WOOD FLOORS throughout, an UPDATED KITCHEN with granite countertops and stainless steel appliances, a causal and formal
dining area, a family room with a WOOD BURNING FIREPLACE plus a living room. In 2011, new IMPACT WINDOWS AND
EXTERIOR DOORS were installed. The fenced backyard offers an abundance of space to store a boat or RV, install a pool, and/or
create a beautiful garden. The possibilities are limitless when you have a lot that is 80 x 142 or .26 acres.
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Cap Rate Calculator
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 19, 2024 | Sold | ||
| Sold | |||
| Jul 18, 2024 | In contract | - | |
| In contract | |||
| Jul 16, 2024 | Price Decreased |
$445,000
↓ $34K
(7.1%) | |
| Price Decreased | |||
| May 15, 2024 | Price Decreased |
$479,000
↓ $40K
(7.7%) | |
| Price Decreased | |||
| Apr 6, 2024 | Relisted | $519,000 | |
| Relisted | |||
Property Highlights
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Price/ft²
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About Largo
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Currently no similar homes aroundNearby Rentals
$2,250 /mo
- 1 Bed
- 1 Bath
- 760 ft²
$2,100 /mo
- 2 Beds
- 2 Baths
- 969 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017