2305 Ivy Road
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 |
|---|---|---|---|
| Nov 27, 2024 | Sold | ||
| Sold | |||
| Nov 16, 2024 | In contract | - | |
| In contract | |||
| Oct 23, 2024 | Listed by HomeSmart Realty West | $1,261,000 | |
| Listed by HomeSmart Realty West | |||
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Nestled at the foothills of fire mountain, this charming 3-bedroom, 2-bathroom home rests on a spacious half-acre lot. The property offers a blend of privacy and proximity with its ideal tranquility and central location. This property boasts mature citrus trees adding to the appeal of the expansive outdoor space. There is plenty of room for gardening, outdoor entertaining, or even future outdoor projects. Inside, enjoy a brand new kitchen, creating a fresh and inviting feel. This home also has new flooring throughout, and a very large fireplace perfect for relaxing evenings. This home offers the perfect blend of comfort and potential. Conveniently located near shopping, dining, parks, and less than 3 miles from the beach!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017