2806 STEELE RD
About This Property
4 level stone split in the Cheswolde area. New heating and air 2023, updated kitchen and bathrooms. New hardwood floors in living rm dining rm and kitchen. Roof 2020. Entrance foyer, 1st floor bedroom with half bath. Large living room/dining room with cathedral ceilings with sliding doors on to private patio area. Master bath, large family room, finished lower with guest room.
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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 20, 2024 | Sold | ||
| Sold | |||
| Jan 21, 2024 | In contract | - | |
| In contract | |||
| Dec 12, 2023 | In contract | - | |
| In contract | |||
| Nov 13, 2023 | Listed by RE/MAX Premier Associates | $459,000 | |
| Listed by RE/MAX Premier Associates | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017