281 Donaldson Ave
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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 |
|---|---|---|---|
| Sep 21, 2023 | Sold | ||
| Sold | |||
| Aug 3, 2023 | In contract | - | |
| In contract | |||
| Jul 20, 2023 | Price Decreased |
$559,000
↓ $6K
(1.1%) | |
| Price Decreased | |||
| Jun 20, 2023 | Price Decreased |
$565,000
↓ $34K
(5.7%) | |
| Price Decreased | |||
| May 24, 2023 | Listed by ERA/Justin Realty Co. | $599,000 | |
| Listed by ERA/Justin Realty Co. | |||
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Welcome Home to 281 Donaldson. Beautiful welcoming porch invites you to a generous foyer entry with two coat closets, window bench and 1/2 Bath. The living room has built-ins and gas fireplace. Formal dining room off the kitchen also leads to a bright, spacious Den/Bonus space with skylights and sliders to outdoor paver yard. The second floor contains three bedrooms and updated full bathroom. The basement has a recently added a 1/2 bathroom and tile flooring. Attached garage/driveway is located on Riverside Ave. Home is being sold As Is
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017