232 232 PITCHER Lane
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 1, 2017 | Sold | ||
| Sold | |||
| Jul 9, 2017 | Listed | $275,000 | |
| Listed | |||
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Inviting 1920's 3 bedroom Cape on 3.82 acres with a deep backyard. Well-placed windows filter in the natural light. There is beautiful hardwood flooring everywhere except in the bathrooms. On the first floor you will find a formal living room and dining room, a library, bathroom, washer and dryer, an eat in kitchen with solid cherry cabinets, a farmhouse double bowl sink built in china cabinet, and zinc ceiling. Wide stairs lead to the second floor where you will find a spacious landing, three bedrooms and a half bath. There is a basement, and at one time it was partially used as a garage for a smaller car. Outside there are two covered porches, both places where you might have your morning tea and catchup on the news of the day. An outhouse is now used for garden tools, and there is also a small barn. This is an ideal spot to enjoy country life. The present owner has enjoyed it as a second home for decadesThe manager has listed the unit size as 1520 square feet.
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| Oct 16, 2016 | Listed by JFIVE HOMES REALTY LLC RD | $275,000 | |
| Listed by JFIVE HOMES REALTY LLC RD | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017