2612 Mainway Drive
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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 |
|---|---|---|---|
| Jul 19, 2019 | Sold | ||
| Sold | |||
| May 17, 2019 | Listed by Re/Max R. E. Specialists | $1,099,000 | |
| Listed by Re/Max R. E. Specialists | |||
| Jul 10, 2017 | Sold | ||
| Sold | |||
| Apr 2, 2017 | Listed by Keller Williams Coastal Prop. | $929,000 | |
| Listed by Keller Williams Coastal Prop. | |||
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Beautifully Upgraded Rossmoor Home! Located in the prestigious Los Alamitos School District, this single-level family home is a short walk to the much-sought-after Hopkinson Elementary. The open concept entry leads to a large living room with beamed, vaulted ceilings and cozy fireplace. Remodeled kitchen with stainless appliances, quartz countertops, custom cabinetry, stacked washer and dryer hidden in cabinet. Spacious dining room (which can be converted to 4th bedroom). Dual-pane windows, ceiling fans, gorgeous Shaw laminate flooring, LED recessed lights throughout, and central A/C & upgraded electrical system. 500 SF SUNROOM/BONUS ROOM off the kitchen and dining room - perfect for a playroom/homework area, office, workshop, TV room, or large gatherings with room for massive or multiple tables. HUGE backyard with deck for entertaining and LOTS of room to expand in front, back and side - the possibilities are endless! Custom cabinets line all three walls in the garage. Close to freeways, schools, shopping and parks. Rossmoor is a highly desired, picturesque, tree-lined neighborhood and is only 5 miles to the beach!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017