2541 Michaelson Way
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 |
|---|---|---|---|
| Jan 5, 2016 | Sold | ||
| Sold | |||
| Jul 23, 2015 | Listed by WALTER WILLIAMS PROPERTIES | $275,000 | |
| Listed by WALTER WILLIAMS PROPERTIES | |||
| Jan 24, 2012 | Listed by WALTER WILLIAMS PROPERTIES | $234,000 | |
| Listed by WALTER WILLIAMS PROPERTIES | |||
| Sep 6, 2007 | Listed by COLDWELL BANKER VANGUARD REALTY | $368,000 | |
| Listed by COLDWELL BANKER VANGUARD REALTY | |||
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Great Home in a wonderful Mandarin neighborhood. All brick home with wood floors and 18' tile floors in master, bathroom with 12' tiles in kitchen and florida room. Two car garage, privacy hedge, inside laundry and fireplace with mantle. Home has security system and water softer. One year Home Warranty provided by seller!
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| May 22, 2006 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017