2993 FORT ASHBY RD
About This Property
The main level includes a large master bedroom, second bedroom, bathroom with walk-in shower, living room, kitchen/dining room, and laundry room. A two sided, ceiling-high stone fireplace with propane gas logs divides the kitchen/dining area and living room. The laundry room leads to an oversized one car garage with garage door opener and two addition exits to the outside. There are no steps on the main level and all doors are 36 inches wide. This home has a new metal roof installed May 2023.
The lower level (1568 sq feet) can be accessed by stairs which accommodate a stair chair and a private entrance from the outside. It is finished with a full eat-in kitchen, laundry area with storage, living area, bathroom with walk-in shower, recreation area with pool table, and one bedroom and one bonus room with a closet. A wood/coal burning stove in the lower level could heat the entire house.
The outside areas include a covered front porch, a fenced concrete pool in the backyard (not used in recent years), large lawn areas, two sheds, large garden area, mature trees, perennial flower beds, and plenty of room for parking. This property, located in a very desirable area, has so many possibilities. It is a must see.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Apr 2, 2024 | Sold | ||
| Sold | |||
| Mar 4, 2024 | In contract | - | |
| In contract | |||
| Jan 25, 2024 | Price Decreased |
$265,000
↓ $15K
(5.3%) | |
| Price Decreased | |||
| Sep 21, 2023 | Relisted | $279,900 | |
| Relisted | |||
| Aug 22, 2023 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017