2961 B VARELLA
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 |
|---|---|---|---|
| Jul 28, 2006 | Sold | ||
| Sold | |||
| Sep 27, 2005 | Listed by WATSON REALTY CORP | $225,700 | |
| Listed by WATSON REALTY CORP | |||
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This 3BR/2BA home sets on over 1.3 acres. Fully fenced yard surrounded by massive oak trees. Spacious kitchen with cabinets lining 24'x11' of wall space. Built in hutch in dining room. Wood burning fireplace with heat-a-lator. Tremendous open floor plan. Home warranty included. Property can be sub-divided. Call agent for details. Survey on file. Sellers motivated, bring offers.
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| Jul 16, 2005 | Listed by DEVANE-STRATTON REALTY INC | $269,000 | |
| Listed by DEVANE-STRATTON REALTY INC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017