249 Archer 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 |
|---|---|---|---|
| Apr 3, 2023 | Sold | ||
| Sold | |||
| Feb 10, 2023 | In contract | - | |
| In contract | |||
| Jan 21, 2023 | Listed by Realty Connect USA LLC | $559,000 | |
| Listed by Realty Connect USA LLC | |||
| Nov 28, 2017 | Sold | ||
| Sold | |||
| Jul 29, 2017 | Listed | $379,000 | |
| Listed | |||
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Lovely Brick Raised Ranch Home on large gorgeous Level Lot. Home set back from street. Built by Craftsman. Central Air. Huge Family Room Addition w/ Stone Fireplace, Skylight, Windows on All Sides & Sliding Glass Doors to Patio / Door Out to Yard. Gleaming Hardwood Floors. Spacious Granite Eat-in-Kitchen, New Dining Room w/ big Bow Window and large bright Living Room. Master Bedroom & 2 more Bedrooms on the main level. Full Bath w/ Dual Entry, to the Master & the Hall. Lower Level has Family Room / Playroom area, Bath, Laundry, Storage & Utilities, along with access to the 1-Car Attached Garage. Cast Iron Hot Water Baseboards, New Windows, New High Efficiency Oil Furnace. Shared Driveway. If applicable, Taxes with the STAR deduction would be $11,000.The manager has listed the unit size as 1696 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017