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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 31, 2020 | Sold | ||
| Sold | |||
| Jul 17, 2020 | Listed by Foran Realty, Inc. | $349,900 | |
| Listed by Foran Realty, Inc. | |||
| Jul 28, 2016 | Sold | ||
| Sold | |||
| May 23, 2016 | Listed by Today Real Estate, Inc. | $279,000 | |
| Listed by Today Real Estate, Inc. | |||
| | |||
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Nice starter, vacation or retirement home. Sit on your back deck or grill on the patio enjoying the large fenced in yard. Fire placed living room, kitchen and dining area open to one another. Gas heat and cooking . Garage. And bonus area in the basement for extra space . All dimensions and information should be verified by buyer for accuracy.
| |||
| Aug 29, 2008 | Sold | ||
| Sold | |||
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Address: 335 Madison Avenue, New York, NY 10017