3 Farmstead 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 |
|---|---|---|---|
| Jun 18, 2024 | Sold | ||
| Sold | |||
| Feb 28, 2024 | In contract | - | |
| In contract | |||
| Jan 12, 2024 | Listed by Elite Real Estate Group 1 LLC | $499,000 | |
| Listed by Elite Real Estate Group 1 LLC | |||
| | |||
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This Beautiful raised ranch home boasts exceptional features including 4 bedrooms and 3 full bathrooms which has been well maintained inside and out. The spacious living and formal dinning area which has large windows that let in an abundance of natural light and includes a full bathroom in the first floor. Also includes hardwood floors, central A/C, boiler and roof which are 2 years old, also featuring a spacious backyard and deck area for outdoor entertainment, ceramic floors and custom solid cabinets. The second floor features the master bedroom with full ensuite bathroom, 3 additional bedrooms and full bathroom. The convenient location provides easy access to parks, shopping centers, everything you need is just short distance away. Don't miss out on this opportunity to make it your own. Schedule a showing today!
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| Nov 5, 2021 | Sold | ||
| Sold | |||
| Sep 14, 2021 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017