250 MICHAEL Drive
About This Property
Fantastic 3 bedroom, 3 bathroom Pool home is situated on one of the largest lots at the end of a cul de sac. The property boasts spacious bedrooms, with 4th room that could be bedroom/den/office. Recently added is a new roof, new water softener, new pool pump and filter, new French doors and a new privacy fence. A fantastic open floor plan looks out to your beautiful private swimming pool. Relax around the huge island in your upgraded open kitchen! All new appliances at your your
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Cap Rate Calculator
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 |
|---|---|---|---|
| Nov 19, 2021 | Sold | ||
| Sold | |||
| Oct 5, 2021 | Listed by REMAX LEADING EDGE | $549,900 | |
| Listed by REMAX LEADING EDGE | |||
| Jun 11, 2019 | Sold | ||
| Sold | |||
| Apr 6, 2019 | No longer available | - | |
| No longer available | |||
| Feb 17, 2019 | Price Decreased |
$315,000
↓ $10K
(3.1%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017