24 NEWELL 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 |
|---|---|---|---|
| Aug 9, 2024 | Sold | ||
| Sold | |||
| Jun 24, 2024 | In contract | - | |
| In contract | |||
| Jun 14, 2024 | Price Decreased |
$599,900
↓ $50K
(7.7%) | |
| Price Decreased | |||
| Jun 7, 2024 | Listed by Signature Premier Realty, Inc | $649,900 | |
| Listed by Signature Premier Realty, Inc | |||
| | |||
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Imagine entertaining friends and family at your resort-style home! This dream haven boasts amenities, comfort, luxury, and relaxation. Step inside to a cozy great room with a gas fireplace, perfect for gatherings. The master suite, a tranquil retreat, also features a gas fireplace. The gourmet kitchen, equipped with high-end appliances, is a chef's dream. The finished basement offers a gym, playroom, and ample storage. The backyard is an oasis with a heated saltwater pool, slide, diving board, and 8-person hot tub. Enjoy evenings by the dual firepits or relax in the hammock on your private sandy beach. The pool house with a half bath adds convenience. Embrace a lifestyle of comfort and luxury in this stunning residence and create lifelong memories! owner is a licensed NYS Broker.
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| Feb 10, 2010 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017