LOT 3 Farland Circle
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 |
|---|---|---|---|
| Dec 18, 2020 | Sold | ||
| Sold | |||
| Jun 4, 2020 | Listed by LAER Realty Partners / Rose Homes & Real Estate | $418,900 | |
| Listed by LAER Realty Partners / Rose Homes & Real Estate | |||
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Quality Built! This soon to be constructed Colonial includes hardwood floors, tile, and granite. The lovely kitchen with breakfast island features stainless appliances and tile flooring. The open floor plan makes gathering with friends and family easy and efficient. An additional room on the first level will function nicely as a home office, extra entertaining space or formal dining. Included on this level is a laundry room and a half bath and sliders to a lovely maintenance free deck. On the 2nd level are 3 bedrooms, the Master with en suite bath and walk in closet. 2 additional bedrooms and another full bath. This home features central air, irrigation and an oversized 2 car garage with insulation and sheetrocked walls. Buyer can choose some finishes depending on the stage of construction. Details available through our office. Proximity to shopping and commuter access but tucked away in a new subdivision. Attached photos are just a few samples of our quality finishes.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017