23001 S Michael 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 |
|---|---|---|---|
| Apr 22, 2024 | Sold | ||
| Sold | |||
| Mar 29, 2024 | Listed by Coldwell Banker Real Estate Group | $319,900 | |
| Listed by Coldwell Banker Real Estate Group | |||
| Aug 25, 2018 | No longer available | - | |
| No longer available | |||
| Aug 22, 2018 | Listed | $234,900 | |
| Listed | |||
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BEAUTIFUL QUIET NEIGHBORHOOD IN A DESIRED MCDONALD MANOR SUBDIVISION. WELL MAINTAINED PROPERTY SITUATED ON A LARGE CORNER LOT. ENTER THROUGH THE NEWLY INSTALLED FRONT DOOR, FRESHLY PAINTED THROUGHOUT. THIS HOME FEATURES HUGE EAT-IN KITCHEN WITH NEWER APPLIANCES. 3 LARGE BEDROOMS UPSTAIRS WITH FULL BATH; 4TH BED LOCATED LOWER LEVEL OFF OF FAMILY ROOM WITH SEPARATE FULL BATH. BONUS SUB BASEMENT FOR ADDITIONAL SPACE OR FOR STORAGE. OVERSIZED 2 CAR GARAGE, WHOLE HOUSE ATTIC FAN, ANDERSON WINDOWS THROUGHOUT (EXCEPT THE SLIDING DOOR AND 1 WINDOW IN KITCHEN). EASY ACCESS TO I55. TROY/MINOOKA SCHOOLS...DON'T LET THIS HOUSE SLIP AWAY! The manager has listed the unit size as 2243 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017