1
Map
285 Flaggler Drive
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 |
|---|---|---|---|
| Oct 7, 2020 | Sold | ||
| Sold | |||
| Sep 30, 2009 | Sold | ||
| Sold | |||
| May 26, 2009 | Listed | $279,900 | |
| Listed | |||
| Apr 28, 2006 | Sold | ||
| Sold | |||
| Feb 22, 2006 | Listed by Century 21 Alliance Realty | $324,900 | |
| Listed by Century 21 Alliance Realty | |||
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This is a fine family house. In need of some TLC. Many of the renovations have been done. Including new furnace, hot water heater and elelectrical. Two of the bedrooms have been reinsulated and new windows installed. The rooms in the basement have been insulated and blue boarded and just need finish work. The home is priced below market value and close to Assesed Value. Great Opportunity below assesed value.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017