304 FERRELL RD
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 |
|---|---|---|---|
| Jul 29, 2020 | Sold | ||
| Sold | |||
| Dec 13, 2019 | Listed by REALHome Services and Solutions, Inc. | $334,500 | |
| Listed by REALHome Services and Solutions, Inc. | |||
| Sep 19, 2019 | No longer available | - | |
| No longer available | |||
| Mar 26, 2019 | Price Decreased |
$330,000
↓ $30K
(8.3%) | |
| Price Decreased | |||
| Mar 16, 2019 | Listed | $360,000 | |
| Listed | |||
| | |||
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When constructed in 2005, the builder upgrades in this former model home exceeded $250,000. Upon entering this large executive home you will find a spacious domain with lots of room to roam in approximately 5,000 sf of living space, including the full finished basement complete with a built-in cherry bar and ~ bath on that lower level. Back on the main floor, this home has a magnificent front entry staircase with a custom oak railing and a back stairway which you can access from the family room. The gourmet kitchen boasts high quality maple cabinetry, Corian countertops, and GE stainless appliances. The master bedroom suite has a lit tray ceiling with custom moldings, a columned entry to a sitting room, and a master bathroom suite complete with two separate walk-in closets and dual vanities, each flanking the entry to a relaxing Jacuzzi tub. The two-story family room contains a gas fireplace w/upgraded trim, transom-style window, and a marble surround. All of this sits one full acre w/sprinkler system. Property does need some TLC to bring it back to its original glory. Priced to sell quickly. Make your appointment to see this home which provides a great opportunity to join a wonderful community in picturesque South Harrison Twp. Sold Strictly AS-IS; all township and lender requirements are the buyer~s responsibility. The manager has listed the unit size as 4889 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017