2805 WHITE HOUSE RD
About This Property
Current owners do not carry flood insurance but it may now be required.
Owners have invested over $300,000 in updates/upgrades since owning the home. Some recent upgrades include: 2012: Granite countertops, new cooktop, sink and double range ($13,000). 2015: Stucco refinishing ($45,000). 2019: New carpet on second floor. 2020: New roof ($25,000) and new heat pumps/AC/humidifier ($25,000) and gutter guards ($3,000). 2021: New water conditioner ($1,345).
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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 |
|---|---|---|---|
| Oct 12, 2021 | Sold | ||
| Sold | |||
| Aug 19, 2021 | Listed by Lofgren-Sargent Real Estate | $1,600,000 | |
| Listed by Lofgren-Sargent Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017