1
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232 PHILLIPS 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 |
|---|---|---|---|
| Dec 12, 2024 | Sold | ||
| Sold | |||
| Oct 1, 2024 | In contract | - | |
| In contract | |||
| Sep 26, 2024 | Listed by Miranda Real Estate Group Inc | $299,900 | |
| Listed by Miranda Real Estate Group Inc | |||
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Welcome home to this bright, open space! Corner lot with 3 bedrooms and 2 baths in a Raised Ranch style. Features newer triple-pane windows and a hot water heater installed in 2023. The open kitchen and dining room lead to a patio and a bright 24x16 deck. Ample storage on the main level and a new bathroom. The family room opens to a fenced-in patio. Freshly landscaped and well-maintained. Make an appointment today, as this home will be under contract before you know it. Located in the Schalmont School District.
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| Feb 17, 2017 | Sold | ||
| Sold | |||
| Nov 29, 2016 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017