23916 Decorah 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 |
|---|---|---|---|
| Dec 11, 2019 | Sold | ||
| Sold | |||
| Oct 2, 2019 | Listed by CC Royal Realty | $699,999 | |
| Listed by CC Royal Realty | |||
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180 Degree City Light View!! Beautiful home with Large Flat Backyard. Fully Remodeled inside with 5 Large Bedrooms and 5.5 Bathrooms. All Suites with Own Bathrooms. Wood Flooring Throughout. Renovated Kitchen with New Kitchen Cabinets and Granite Counter Tops. Newer Upgraded Bathrooms with New Shower and Vanities. Good For Big Family and Investment. Huge yard with Fenced Swimming Pool and Gazebo.
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| Oct 2, 2017 | Sold | ||
| Sold | |||
| Jul 25, 2017 | Listed by CARDONA REALTY | $575,500 | |
| Listed by CARDONA REALTY | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017