277 Armstrong 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 |
|---|---|---|---|
| Jul 14, 2023 | Sold | ||
| Sold | |||
| May 23, 2023 | Listed by ListWithFreedom.com | $469,000 | |
| Listed by ListWithFreedom.com | |||
| Aug 27, 2022 | No longer available | - | |
| No longer available | |||
| Aug 11, 2022 | In contract | - | |
| In contract | |||
| Jul 9, 2022 | Listed by eXp Realty, LLC | $299,900 | |
| Listed by eXp Realty, LLC | |||
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Split Level Home, Close to Everything - Highways, Shopping. Convenient Location! Features 5-Bedrooms and 3-Bathrooms. Spacious Home. Home Needs a Lot of Work. Renovation Loans or Cash Only. Home Being Sold "As-Is." Seller Will Not Be Removing All Items - Buyer MUST Agree! The manager has listed the unit size as 2716 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017