2323 FARRINGDON ROAD
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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 14, 2017 | Sold | ||
| Sold | |||
| Sep 2, 2017 | Listed | $495,000 | |
| Listed | |||
| | |||
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***REDUCED 30K FOR QUICK SALE!***LOCATION! LOCATION! LOCATION! Great opportunity to own a well built, expanded brick, 4 level split home on one of the nicest blocks in the Ranchleigh development. Meticulously maintained by the same owner for 60+ years. Relax and enjoy the view from the first floor family room addition which features a fireplace, built-ins, slate flooring and vaulted ceilings.
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| Aug 2, 2017 | Listed by Bondar Realty | $495,000 | |
| Listed by Bondar Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017