2690 Weber Road
About This Property
The laundry room is designed with custom cabinets and drawers, a granite topped sink, and the washer and dryer remain with the house. Freezer and Refrigerator in Garage remain.
There is a separate driveway to the 2 Greenhouses (largest 30'x40'), one shade-house and two storage sheds approx. 10'x12' each. The Greenhouses have concrete walkways and wire topped tables. Greenhouses are on automatic sprinklers and can be heated for cold weather. Front and back lawns are on well-fed automatic sprinkler systems. There is a treed strip of wetlands on the north east border of the property.
Property is easily accessible to main road of US#1 and I-95.
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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 |
|---|---|---|---|
| May 20, 2024 | Sold | ||
| Sold | |||
| May 12, 2024 | In contract | - | |
| In contract | |||
| Apr 23, 2024 | Listed by One Sotheby's International | $795,000 | |
| Listed by One Sotheby's International | |||
| Apr 17, 2017 | Sold | ||
| Sold | |||
| Feb 21, 2017 | Listed by One Sotheby's International | $39,000 | |
| Listed by One Sotheby's International | |||
Property Highlights
Building Info
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Price/ft²
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About Malabar
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017