3 Richard Dr
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 |
|---|---|---|---|
| Nov 25, 2024 | Sold | ||
| Sold | |||
| Oct 2, 2024 | In contract | - | |
| In contract | |||
| Sep 25, 2024 | Listed by Redfin Corp. | $575,000 | |
| Listed by Redfin Corp. | |||
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Offer Deadline 10/1 @ 2:00! This charming raised ranch is nestled on a private .69-acre lot and features sun-soaked spaces and warm wood floors. The fireplaced great room opens to a large screened-in porch, offering serene woodland views & additional living space in the warmer seasons. Enjoy the comfort of recent upgrades, including a gorgeous new kitchen with granite counters added in 2023, along with a pellet stove & furnace in 2018. The BRAND NEW Septic System being installed adds peace of mind. The primary bedroom has it’s own bathroom w/shower, plus there is an additional shared full bathroom! The unfinished lower level offers great potential for additional living or play space. Convenient 2 car garage under, AC by Fijitsu mini-split, roof & lifetime chimney liners 2016-17. Relish in peaceful country living with convenient access to I-495, I-290, & shopping at Solomon Pond Mall & Highland Commons. With Berlin’s low property taxes, this home is a great option. Don’t miss this one!
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| Nov 10, 2017 | Sold | ||
| Sold | |||
| Aug 31, 2017 | Listed by Redfin Corp. | $344,900 | |
| Listed by Redfin Corp. | |||
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NEW & IMPROVED! Looking for 1 level living & 2 car garage? Hoping to find a master bedroom with private bath in your price range? This is the one that checks off the boxes on your wish list! A delightful home nestled on a beautifully landscaped private 0.69 acre lot boasts sun soaked spaces & handsome wood floors. The fireplaced great room with oversized slider steps onto a large screened-in porch where you can drink in the country setting with its rolling hills and woodland views. 2016-17 upgrades include new roof, lifetime warranty chimney liners, exterior paint & Fijitsu mini-split offering economical AC & an alternate heat source. Unfinished lower level creates potential for additional living/play space. Embrace tranquil country living while enjoying easy access to Interstates 495 & 290 and nearby shopping at Solomon Pond Mall & Highland Commons. Berlin's low property taxes make this a budget friendly option. Add your personal touches to make this your home sweet home!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017