2646 OSTIA Circle
About This Property
including a study or 5th bedroom with full bath. The light-filled, open-floor plan allows for the gathering room & dining room for everyday family time or entertaining guests. Kitchen is open to the entire area adding to the versatility of the space. Light pours into the home from the covered lanai allowing for outside entertainment year-round with several available options including a summer kitchen. The owner's suite includes vaulted ceilings & his/hers vanities. Three bedrooms and bath are located upstairs. The 2-car garage, at the front of the home, opens into the utility room. This home has many options and upgrades.
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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 |
|---|---|---|---|
| Sep 28, 2018 | Sold | ||
| Sold | |||
| Jun 7, 2018 | Listed by VENTURE DEVELOPMENT REALTY | $473,665 | |
| Listed by VENTURE DEVELOPMENT REALTY | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017