275 Estrelita 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 |
|---|---|---|---|
| Feb 21, 2014 | Sold | ||
| Sold | |||
| Sep 21, 2013 | Listed by Realty Executives REALTORS | $599,000 | |
| Listed by Realty Executives REALTORS | |||
| Feb 27, 2012 | Sold | ||
| Sold | |||
| Oct 23, 2011 | Listed by Carrington RealEstate Services | $142,500 | |
| Listed by Carrington RealEstate Services | |||
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Structure is not habitable, value is in the land. This is investors / contractor opportunity. Property is level 1.1 acre corner lot zoned 1 dwelling per 1/2 acre in a neighborhood valued from 330-430+ thousand. Contractors do your feasibility study, Agents do a CMA. This location is minutes from freeway access, shopping, schools, resturants, movie theaters.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017