2407 Covington Way
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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 |
|---|---|---|---|
| Feb 23, 2024 | Sold | ||
| Sold | |||
| Jan 20, 2024 | In contract | - | |
| In contract | |||
| Oct 19, 2023 | Listed by Kodu Realty, LLC | $420,000 | |
| Listed by Kodu Realty, LLC | |||
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Discover your dream home w/ this stunning 2-story brick sanctuary, complete w/ a detached 2-car garage & a PRIVATE POOL. NEW floors throughout, FRESH paint inside and out, NEW countertops, NEW fixtures. Step inside to find a spacious open-concept layout featuring a formal dining room & office space. The first floor is adorned w/ wood-look tile, enhancing the home's modern aesthetics. The kitchen is a chef's delight, boasting a central island with a cooktop & opens up to a cozy breakfast area & dry bar. Conveniently located on the same floor, the laundry room serves as a passage to the outdoors or the garage. A 2-story open living room features floor to ceiling brick fireplace & a wet bar. Primary suite on the first floor offers 2 large closets, a deep soaking tub, dual sinks & a separate shower. Venture upstairs to find a game room, overlooking the expansive living area below & 2 additional bedrooms sharing a full bathroom. 3D tour available
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017