2706 RACHEL Road
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 |
|---|---|---|---|
| Aug 23, 2024 | Sold | ||
| Sold | |||
| Jul 5, 2024 | Listed by Coldwell Banker R.E. Group | $265,000 | |
| Listed by Coldwell Banker R.E. Group | |||
| | |||
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This well cared for 3 bedroom, 2.5 bath home features new siding and gutters with leaf guards installed in 2024. The interior of the home is bright & open, offering updates galore. You are greeted by one of the 2 living spaces as you enter the home. Space abounds in its gathering area featuring a cathedral ceiling. The other living space gives a more cozy place to put your feet up and enjoy the the fireplace. Everything you could ask for with wide-plank laminate hardwood in living spaces and bedrooms of the home. A Trane HVAC system was added in 2018, and water heater in 2019. Some other updates include: an open concept kitchen and dining area, all cabinets, doors and trim painted, newer lighting and recessed lights installed, newer mantle & wall mount TV option over wood burning fireplace, additional pantry cabinet in kitchen, additional cabinets in laundry and closet organizational systems added in 2 bedrooms. Kitchen offers a large entertaining & prep bar and stainless steel kitchen appliances. A 2019 Samsung washer and dryer set are included as well. The home has a large privacy fenced backyard, additional parking pad on side of home behind fence (great for a boat or RV), and beautiful landscaping. Come see the value of this home and its quiet location! More pictures coming soon...
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| May 31, 2017 | Sold | ||
| Sold | |||
| Apr 8, 2017 | Listed by McDonald Group, The | $176,900 | |
| Listed by McDonald Group, The | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017