271 Adirondack Drive
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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 |
|---|---|---|---|
| Feb 26, 2025 | Sold | ||
| Sold | |||
| Jan 25, 2025 | In contract | - | |
| In contract | |||
| Jan 11, 2025 | Price Decreased |
$499,000
↓ $26K
(5%) | |
| Price Decreased | |||
| Dec 24, 2024 | Listed by Frontline Realty Group LLC | $525,000 | |
| Listed by Frontline Realty Group LLC | |||
| | |||
|
Welcome to this beautifully renovated 2 bedroom, 1 bath ranch nestled in the heart of Selden. Perfectly designed for first time home buyers, or those looking to downsize. Offering modern updates with a functional layout, and unbeatable value with low taxes. Inside you’ll discover hardwood floors, new thermal windows, all new energy star appliances, eat in kitchen features granite countertops, updated full bath, while the two spacious bedroom provide comfort and natural light.
200 amp electric panel, whole roof replaced December 2024. Additional features include full basement with bilco doors, partial attic for storage, as well as a fireplace to cozy up alongside during the colder days. Conveniently located near major highways, public transportation, shopping, schools, parks, and more. This home combines modern living with access to everything you need. Don’t miss your chance to make this house your home.
| |||
| Jun 27, 2024 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017