26 Par Road
About This Property
This modern day colonial designed w/hand carved mill-work & French windows throughout. 1st floor opens with a grand 2 story foyer featuring a spiral staircase and includes eat in kitchen, granite counter tops, ss appliances. Family room w/wood burning fire place w/custom mantel and black absolute granite. Office that can be used as bedroom. Sunlit dining room leading into a formal living room. 2nd floor includes master suite w/trey ceilings, 2 walk in closets, full bath w/jetted tub and shower. 3 additional bedrooms w/California custom closets, full bath, extra storage space. Fully renovated walk out basement includes lots of living space, wet bar, built in speaker system, full bath, guestroom and more. perfect for entertaining & family time. Additional Information: Amenities:Storage,ParkingFeatures:2 Car Attached,
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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%.
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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.
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 |
|---|---|---|---|
| Oct 27, 2020 | Sold | ||
| Sold | |||
| Jun 15, 2020 | Listed by Metrex Realty INC | $875,000 | |
| Listed by Metrex Realty INC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017