2640 Greenway Drive
About This Property
In the main house, the 1st floor master wing includes an office, washer & dryer, and Jacuzzi tub. The kitchen has stainless appliances, ceramic cooktop, large center island with 60/40 sink, custom trim work on all windows. Separating the kitchen and dining room is the butler's pantry and two food pantries. There's plenty of storage in this house. Upstairs there are 4 bedrooms and 3 bathrooms. Two bedrooms have ensuite bathrooms. And the other bathroom is a Jack and Jill, separating the front two bedrooms. Off the kitchen and family room is a large screened patio with almost 700 square feet under roof. The patio is also plumed with water and electricity for an outdoor kitchen.
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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 25, 2016 | Sold | ||
| Sold | |||
| May 23, 2016 | Listed by Keller Williams Realty Jupiter | $1,099,000 | |
| Listed by Keller Williams Realty Jupiter | |||
| Aug 24, 2015 | Sold | ||
| Sold | |||
| May 30, 2015 | Listed by Keller Williams Realty Jupiter | $1,099,000 | |
| Listed by Keller Williams Realty Jupiter | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017