241 Wayne Drive
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 |
|---|---|---|---|
| Jul 12, 2022 | Sold | ||
| Sold | |||
| Jun 20, 2022 | Listed by American Realty | $289,900 | |
| Listed by American Realty | |||
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This property has so much to offer you don't want to miss scheduling an appointment for your private viewing. The home features 3 bedrooms, 2 full baths, a formal living room, a family room with a fireplace plus an enclosed sunroom off the den. Both of the bathrooms and kitchen have granite counters with an updated gas cooktop, oven and microwave in the kitchen. The house was re-piped in 12/06, the electric box was updated with a new disconnect by Saenz Electric 4/22, all of the windows and front door in 9/17 and the kitchen cabinets were refinished when the counters were updated. You don't want to miss the extended backyard patio that lends itself to a great entertainment area on the oversized lot. Also, in 2021 a 30x30 metal building workshop was constructed with 110 and 240 electrical service making for a wonderful "Man Cave" or "She Shed". The attached 2 car garage features insulated garage doors for energy efficiency. Check it out today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017