2502 Mallorca Circle
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 24, 2024 | Sold | ||
| Sold | |||
| Apr 16, 2024 | In contract | - | |
| In contract | |||
| Mar 25, 2024 | Listed by PAK Home Realty | $250,000 | |
| Listed by PAK Home Realty | |||
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Welcome to this beautifully updated home with fresh paint inside and out, including the siding and trim. Enjoy the cohesive tile flooring throughout, complemented by updated kitchen cabinets and luxurious quartz countertops. Situated on a corner lot, this home offers privacy and curb appeal. With a newer 30-year roof, you can enjoy peace of mind and durability. The location provides easy access to I-45, the Beltway, and Freeway 249, making commuting a breeze. Plus, you're just minutes away from a variety of major food chains for convenience and dining options. Don't miss out on this fantastic opportunity to own a stylish and well-maintained home in a prime location!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017