3044 Volk Avenue
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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%.
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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.
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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 14, 2021 | No longer available | - | |
| No longer available | |||
| Sep 11, 2021 | In contract | - | |
| In contract | |||
| Sep 4, 2021 | Listed by Re/Max R. E. Specialists | $1,169,000 | |
| Listed by Re/Max R. E. Specialists | |||
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Cliff May homes are renowned for their clean architectural lines, floor to ceiling glass, and connection to the outdoors. This latest offering delivers on these design principles. Built in 1954 in the latter phase of the Rancho Estates, this home features a bright and open living room/dining room combination with fireplace, a galley kitchen, three bedrooms including an expanded main bedroom with added closet space, two bathrooms including an expanded main bathroom, and a spacious detached studio measuring almost 400 square feet. The lot is serene and sits in a quiet location on one of the best streets in the neighborhood, and the residence is set back on the lot for maximum privacy. The Rancho Estates is famed for its Cliff May designed midcentury modern architecture, tree-lined streets, and strong sense of community. Come and experience neighborhood we affectionately call the “Modern Mayberry.” The manager has listed the unit size as 1370 square feet.
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| Jul 11, 2019 | Sold | ||
| Sold | |||
| May 16, 2019 | Listed by Re/Max R. E. Specialists | $899,000 | |
| Listed by Re/Max R. E. Specialists | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017