305 Lake Champlain 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 |
|---|---|---|---|
| Apr 8, 2024 | Sold | ||
| Sold | |||
| Oct 30, 2023 | Listed by Investors Edge Realty | $329,000 | |
| Listed by Investors Edge Realty | |||
| Jun 15, 2017 | Sold | ||
| Sold | |||
| Feb 10, 2017 | Listed by Keller Williams Atlantic Shore | $80,000 | |
| Listed by Keller Williams Atlantic Shore | |||
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Great potential for this Split level home with the Jersey Shore, featuring 3br, 1 & 1/2 baths, family room, eat in kitchen, family room/bonus room, fenced back yard on a 60x100 lot. This is a short sale, the price is subject to bank approval.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017