3 Hoffman Drive
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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%.
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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.
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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 28, 2024 | Sold | ||
| Sold | |||
| May 23, 2024 | In contract | - | |
| In contract | |||
| May 10, 2024 | Listed by RE/MAX 1st ADVANTAGE | $529,000 | |
| Listed by RE/MAX 1st ADVANTAGE | |||
| Jun 19, 2015 | Sold | ||
| Sold | |||
| Jan 26, 2015 | Listed by Broker Direct Real Estate | $354,900 | |
| Listed by Broker Direct Real Estate | |||
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RECENTLY RENOVATED, SPACIOUS EMPIRE model in desirable Briar Manor!!! Home sits on an oversized lot with vinyl fencing. Home boasts cathedral ceilings in the Great and Dining Rooms, finished with natural oak trims and new light fixtures and ceiling fans. Kitchen adorned with granite countertops and nickel vented range hood. High efficiency kitchen appliances are 3 years young. Both bathrooms remodeled in 2014. Kitchen has a brand new porcelain tile floor. Family, Dining & Bedrooms have hardwood floors. Heating Furnace and Central Air unit installed in 2014. Driveway repaved in October of 2013. Swim spa in yard is excluded from sale, however, it is offered for sale at a deep discount!!! This home is unique from anything in the immediate neighborhood; and in Turn Key condition. Must See, call for appointment!!!
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About Hamilton Square
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017