3 Pace 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 18, 2024 | Sold | ||
| Sold | |||
| Aug 6, 2024 | In contract | - | |
| In contract | |||
| Jul 21, 2024 | Listed by Conway - Lakeville | $523,250 | |
| Listed by Conway - Lakeville | |||
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This 3-bedroom 1 full bath solid ranch home just needs your creative touch and some sweat equity to bring this gem back to life. Sitting on a one-acre private lot in a sought-after private cul-de-sac. Elementary school close by! 1 car garage with rear access to private sitting area. Gas heat with forced hot air possible AC conversion. finished attic, washer/dryer, walk-out basement with potential to finish to your liking. Walk out back to your treed private lot. 10 year young roof.
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| Dec 19, 1983 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017