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24 Balcom 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 |
|---|---|---|---|
| Jun 7, 2023 | Sold | ||
| Sold | |||
| Apr 27, 2023 | Listed | $529,900 | |
| Listed | |||
| Aug 18, 2022 | Sold | ||
| Sold | |||
| Apr 30, 2015 | Sold | ||
| Sold | |||
| Mar 2, 2015 | Listed by Joseph D. Ready | $279,900 | |
| Listed by Joseph D. Ready | |||
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***HOME SWEET HOME***This Well Maintained 3 Bed, 2 Bath home sits in a Quiet Friendly Neighborhood with easy access to Rt 38. It features a recently remodeled Designer Bath complete with Kohler Fixtures, Tile Floor and Shower, Deep Soaking Tub, and Granite Countertop. The Large Eat-in Fully Applianced Kitchen has a Dining Area with a Bow Window and Tile Floor. The Fireplaced Living Room is great on a cold winter night. The 1st Floor has a Family Room with Slider and Bonus Room for a potential 4th Bedroom or Office with Private Access to downstairs Bath. Add to this a Game Room in the Lower Level. All the hard work is done with Energy Star Windows, and newer Furnace, Hot Water and Oil Tank. Enjoy the Outdoors from the Screened in Porch overlooking the Private Backyard. There is also a Spacious 2 Car Detached Garage. This one is a must see!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017