3 Phillips 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 |
|---|---|---|---|
| Jun 12, 2024 | Sold | ||
| Sold | |||
| Mar 20, 2024 | In contract | - | |
| In contract | |||
| Feb 22, 2024 | Listed by Exp Realty | $350,000 | |
| Listed by Exp Realty | |||
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Welcome to this move-in-ready raised ranch nestled in Hyde Park. As you step inside, you'll find a spacious main level featuring a living room adorned with a beautiful bay window, perfect for soaking in natural light. The dining room offers a charming space to enjoy meals, while the kitchen boasts sleek granite countertops, tons of cabinet space and stainless steel appliances, making cooking a breeze and storage easy. An unusual find in a home of this style is the additional family room, perfect for gathering with friends or loved ones for movie nights or relaxing after a long day. Retreat to the master bedroom complete with its own private master bathroom and walk-in closet for added convenience. Two additional bedrooms and a hall bathroom provide ample space. Head downstairs to discover a lower level family room featuring a cozy brick-faced propane fireplace, perfect for chilly evenings or a romantic setting. A convenient lavatory and laundry room add to the functionality of this space. With a 2-car attached garage, you'll have plenty of room for parking and storage. Don't miss out on this opportunity to call this home yours.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017