2809 Nottingham Drive
About This Property
This property holds endless possibilities for those with a green thumb and a vision for transforming this hidden gem into a thriving edible paradise. With a little imagination and effort, this enchanting space has the potential to become the ultimate haven for sustainable living. Don't miss the chance to make this retreat yours and indulge in the joy of harvesting your organic bounty year-round.
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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 |
|---|---|---|---|
| May 3, 2024 | Sold | ||
| Sold | |||
| Feb 9, 2024 | Listed by Rescue Real Estate | $335,000 | |
| Listed by Rescue Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017