2702 Galen Drive
About This Property
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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 7, 2023 | Sold | ||
| Sold | |||
| Jul 29, 2023 | Listed by RE/MAX REALTY ASSOCIATES-CHA | $619,000 | |
| Listed by RE/MAX REALTY ASSOCIATES-CHA | |||
| Dec 4, 2019 | No longer available | - | |
| No longer available | |||
| Sep 11, 2019 | Listed | $340,000 | |
| Listed | |||
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Gorgeous home in Devonshire South! Open floorplan offers flexible spaces for entertaining & relaxing. Hardwood floors and fireplace highlight the living room/family room. The upscale kitchen will be the center of the home with new cabinetry, granite counters and stainless steel appliances. Kitchen is open to breakfast area and dining area with 2nd fireplace. Sliding doors lead to an expansive deck overlooking the landscaped backyard. First floor ensuite bedroom perfect for overnight guests. Retreat upstairs to the oversized master suite with built in shelving, walk in closet and private balcony. Convenient to park, schools, restaurants and bus lines. Lovingly cared for, pre-inspected and ready for new owners. The manager has listed the unit size as 2731 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017