2851 Long Way
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 |
|---|---|---|---|
| Mar 4, 2025 | Sold | ||
| Sold | |||
| Feb 7, 2025 | In contract | - | |
| In contract | |||
| Jan 13, 2025 | Listed by BHGRE Metro Brokers | $379,000 | |
| Listed by BHGRE Metro Brokers | |||
| | |||
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Step into this beautifully renovated home where modern upgrades meet timeless charm! Featuring a brand-new kitchen with sleek quartz countertops and stainless steel appliances, this home is perfect for both entertaining and everyday living. The new luxury vinyl plank (LVP) flooring flows seamlessly throughout, complementing the fully remodeled bathrooms and fresh, contemporary design. Major updates include a new roof, updated HVAC system, new water heater, and all-new PEX plumbing, ensuring long-term durability and comfort. Outdoor enthusiasts will love the spacious new deck and the convenience of two 4-foot concrete driveways. Whether you’re an investor seeking the ideal Airbnb or rental property, or a homeowner looking for a move-in-ready dream home, this property offers endless potential. Schedule your showing today and make it yours!
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| Mar 22, 2022 | Sold | ||
| Sold | |||
| Jan 29, 2022 | Listed by BHGRE Metro Brokers | $279,999 | |
| Listed by BHGRE Metro Brokers | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017