Lot 3 Olander Drive
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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 14, 2012 | Sold | ||
| Sold | |||
| Feb 29, 2012 | Listed by Goggins Real Estate, Inc. | $499,000 | |
| Listed by Goggins Real Estate, Inc. | |||
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Introducing Beechwood, the newest neighborhood of 6 homes at Village Hill which are registered for LEED Certification and Energy Star 3.0 Tier III compliant. Constructed by Wright Builders, these 6 homes have many energy saving and envirnomentally friendly features with views. Buyers can take advantage of living close to downtown, bike path, communtiy gardens and the dog park. Option for 4th bedroom and screened in porch. Cottage style is available with 1st floor master for $519,000.
| |||
| Oct 31, 2008 | Sold | ||
| Sold | |||
| Feb 29, 2008 | Listed by Goggins Real Estate, Inc. | $549,000 | |
| Listed by Goggins Real Estate, Inc. | |||
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Address: 335 Madison Avenue, New York, NY 10017