2796 Simpre Way
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 |
|---|---|---|---|
| Apr 30, 2024 | Sold | ||
| Sold | |||
| Jul 27, 2023 | Listed by RE/MAX Professionals | $468,150 | |
| Listed by RE/MAX Professionals | |||
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This home is estimated to complete in April of 2024. The Eldorado is a modern ranch style home which features 1,466 square feet and has a front covered porch and alley load two car garage. This home has all the indoor and outdoor spaces needed for contemporary living. The front of the home has a practical flex space which can be used as a den, living room, or formal dining room. A secondary bedroom and full bath are also located at the front of the home. The airy main living area is at the back of the home and connects to a comfortable outdoor covered patio. The main living area features a large kitchen, an adjoining dining area, and a cozy great room. A pantry closet and pocket office are useable areas that are adjacent to the kitchen. The owner's suite is connected to the main living area and features a walk-in closet and dual sinks in the bath area. The owner's entry from the garage has a coat closet and laundry room. The Eldorado floorplan has a 130 square foot zoom room, which is a flexible space attached to the patio by a slider and can be used for a variety of purposes. Photos and renderings are model photos and are subject to change.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017