3 Armonk Road
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 26, 2021 | In contract | - | |
| In contract | |||
| Sep 30, 2021 | Listed by Compass Greater NY, LLC | $249,999 | |
| Listed by Compass Greater NY, LLC | |||
| Oct 1, 2021 | No longer available | - | |
| No longer available | |||
| Sep 26, 2021 | Price Decreased |
$249,999
↓ $25K
(9.1%) | |
| Price Decreased | |||
| Sep 14, 2021 | Listed by Keller Williams Realty Partner | $274,900 | |
| Listed by Keller Williams Realty Partner | |||
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Welcome home to this spectacular cottage in Carmel NY. Nestle on a double lot completely level and perfect for entertaining, gardening, and many more. Large deck overlooking flat backyard with garden and entertaining area. Inside you are greeted with an eat in kitchen, den/office, living room, central air, bathroom and also an upper level. The top floor is two rooms that are split with plumbing in the wall for a potential bathroom. Lower level basement has all mechanicals and utilities. This is a perfect starter home or for someone who is looking for one level living near a lake. Schedule your private tour today. The manager has listed the unit size as 1096 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017