2516 Independence Avenue
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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%.
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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.
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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 |
|---|---|---|---|
| May 3, 2022 | Sold | ||
| Sold | |||
| Mar 28, 2022 | Listed by Compass | $1,249,000 | |
| Listed by Compass | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Jul 15, 2020 | In contract | - | |
| In contract | |||
| Jul 1, 2020 | Listed | $1,099,000 | |
| Listed | |||
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This exceptional E. R. James 3 Bedroom ranch is perfectly situated with views of the 2nd tee, 5th green of the golf course in Southgate on the Glen! The ONLY ranch on the golf course. The charming front porch welcomes you into this meticulously maintained home with volume ceilings, crown molding, beautiful hardwood floors and fantastic open flow floor plan offering gorgeous views from Family Room, Sun Room, Kitchen, and Master Bedroom. Wonderful island Kitchen with granite counters and Dacor/SubZero appliances. Sought-after floor plan perfect for entertaining inside and out with the grand deck waiting for friends and family to gather outside. The large finished basement features fantastic Recreation Room, full bath, and exercise room as well as plenty of storage plus adorable play area under the stairs. 1st floor laundry/mudroom off the attached 2.5 car garage with anti-skid floor. Ideal Glen location- convenient to Glen Town center with shopping, theater, restaurants, parks, lake, post office, Jewel and in award winning school districts. It doesn't get better than this...Welcome home! The manager has listed the unit size as 2610 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017