2651 Covington
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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 |
|---|---|---|---|
| Oct 30, 2017 | Sold | ||
| Sold | |||
| Sep 27, 2017 | Listed by Keller Williams La Jolla | $729,999 | |
| Listed by Keller Williams La Jolla | |||
| Aug 20, 2017 | Listed | $795,000 | |
| Listed | |||
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Beautiful & Upgraded 2 Bedroom & 2 Bath home on quiet cul-de-sac! Featuring both a formal living & dining room! Spacious home also boasts HUGE permitted Family Rm complete w/vaulted ceilings and oversized Mantle Fireplace perfect for Holiday Entertaining!. Enjoy 2 oversized bedrooms, including a Master suite with private bath and cozy fireplace for those cooler winter nights!. Backyard is an 'Entertainers Delight' complete with large patio, paver walkway, drought tolerant landscape water fountain! The manager has listed the unit size as 1800 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017