15
Map
24 Homestead Drive
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 28, 2026 | Sold | ||
| Sold | |||
| Jul 17, 2026 | In contract | - | |
| In contract | |||
| Jul 7, 2026 | Listed by Keller Williams Realty Westfield | $269,000 | |
| Listed by Keller Williams Realty Westfield | |||
| Sep 11, 2023 | Sold | ||
| Sold | |||
| Jul 14, 2023 | Listed by NextHome Force Realty Partners | $199,000 | |
| Listed by NextHome Force Realty Partners | |||
| | |||
|
This bright and charming 1 bedroom, 1 bath home is a great investment opportunity for those looking for a fixer-upper or rental property, located on a pretty street in a great neighborhood. As you enter the home, you'll be greeted by a cozy living room that offers plenty of natural light with a sky light. Adjacent to the living room is a spacious kitchen with room for a small breakfast nook. The bedroom is located towards the back of the house, offering privacy. The bathroom is conveniently located near the bedroom and features a convenient laundry hook up. Located close to newly renovated park with basketballs, pickle court, trails, and two dog parks. Although the property needs TLC, it has plenty of potentials for investors to renovate and create their own vision.
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017