271 Richter 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 |
|---|---|---|---|
| May 20, 2024 | Sold | ||
| Sold | |||
| Apr 4, 2024 | In contract | - | |
| In contract | |||
| Mar 29, 2024 | Listed by ResLand Realty Group | $540,000 | |
| Listed by ResLand Realty Group | |||
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Welcome to your dream home! This enchanting custom-built brick house is nestled in a highly sought-after neighborhood. Boasting a spacious living space, this home is designed to impress with its open floor plan, granite countertops, and an inviting kitchen center island that serves as the heart of the home. Natural light floods through the generous windows, enhancing the warmth and welcoming ambiance of each room. The outdoor area is a true oasis, featuring a covered patio with an outdoor fireplace, perfect for entertaining or quiet evenings under the stars. The property also includes a 30x40 shop, ideal for hobbies or extra storage. Additional luxuries include a garden tub for relaxing soaks, a gas range for the culinary enthusiast, and an upstairs game room. Situated on a large lot with a beautifully maintained yard, this home promises a blend of comfort and convenience in a tranquil setting. Don't miss the opportunity to make this your forever home!
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| Jun 13, 2019 | No longer available | - | |
| No longer available | |||
| Jun 2, 2019 | Relisted | $369,900 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017