2407 Margie Way
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 23, 2018 | No longer available | - | |
| No longer available | |||
| Jul 23, 2018 | Sold | ||
| Sold | |||
| May 9, 2018 | Listed | $865,000 | |
| Listed | |||
| | |||
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This former MODEL HOME is full of builder upgrades and built-ins. Whole-house speaker system, alarm system, two built-in desks, walk-in pantry with etched glass door, double ovens, granite counters, full tile backsplash, butlers pantry, dual zoned air conditioners, 4 spacious bedrooms with their own en suite bathroom with custom tile work, master bedroom sitting area, gorgeous library, beautiful stacked stone pillars, designer custom tile work in front entry floor, and so much more. The manager has listed the unit size as 3605 square feet.
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| Mar 28, 2018 | Listed by First Team Real Estate | $865,000 | |
| Listed by First Team Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017