305 Rockledge Road
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 |
|---|---|---|---|
| Jan 11, 2018 | Sold | ||
| Sold | |||
| Nov 2, 2017 | Listed by Coldwell Banker Res Brokerage | $359,000 | |
| Listed by Coldwell Banker Res Brokerage | |||
| Sep 11, 2017 | Sold | ||
| Sold | |||
| Jul 29, 2017 | Listed | $215,000 | |
| Listed | |||
| | |||
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3 Bedroom Cape with a brand new Kitchen, Living Room with Fireplace, Sun Room off LR, 2 Bedroom and a full bathroom on the main floor. Upstairs you will have a 3rd Bedroom and a den/office/playroom and a half bath. This property can be a lovely place. The yard needs some TLC but is great for kids to play and run around. Buyer to pay NYS Transfer Tax ($4/$1000).The manager has listed the unit size as 1535 square feet.
| |||
| Nov 1, 2016 | Listed by Coldwell Banker Res Brokerage | $215,000 | |
| Listed by Coldwell Banker Res Brokerage | |||
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Address: 335 Madison Avenue, New York, NY 10017