285 Olde Homestead Dr
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 |
|---|---|---|---|
| Aug 14, 2020 | Sold | ||
| Sold | |||
| May 9, 2020 | No longer available | - | |
| No longer available | |||
| May 7, 2020 | Listed by Today Real Estate, Inc. | $619,000 | |
| Listed by Today Real Estate, Inc. | |||
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Quality craftsmanship & attention to detail abound - crown moulding, custom woodwork, 1st & 2nd floor laundry, central AC & vacuum, gas heat, irrigation, generator-ready, solar panels, Hardieplank & cedar shake siding, plus finished den, workshop and walk-in cedar closet in basement, and a 2-car garage. This beautifully appointed & renovated, well designed/maintained home is a delight. The sophisticated and elegant kitchen with substantial center island is sure to inspire the chef. Fabulous, flexible floor plan for intimate gatherings segues nicely to an expansive, partially covered deck overlooking lovely grounds. Unwind at day’s end in the family room, curled up with a good book beside the gas fireplace (possible future 1st floor master suite – design plans in hand). The 2nd floor boasts a master bedroom suite with two walk-in closets plus private bath with tiled step-in shower, updated full bath, laundry, plus two more spacious bedrooms – each with walk-in closets.
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| Apr 15, 2020 | Listed by William Raveis Real Estate & Homes Services | $619,000 | |
| Listed by William Raveis Real Estate & Homes Services | |||
| Sep 14, 2001 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017