2601 Richwood Road
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 |
|---|---|---|---|
| Aug 4, 2020 | Sold | ||
| Sold | |||
| Apr 14, 2020 | Listed by The Property Gallery Realty | $195,000 | |
| Listed by The Property Gallery Realty | |||
| Jun 4, 2015 | Sold | ||
| Sold | |||
| May 29, 2014 | Listed by Coldwell Banker HPW | $121,000 | |
| Listed by Coldwell Banker HPW | |||
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3 bedroom/2 bath brick ranch with charm and potential. Spacious fenced back yard with storage shed. New interior paint, new carpet, new paint kitchen cabinets and new chandelier. Updated hallway bathroom with new sink, vanity, and toilet. Area off of family room could be used for study or additional storage or closet space. Please bring your buyers or better yet bring us an offer... Sellers are motivated and have spent over 15k in repairs per their independent inspection report.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017