307 Longview Drive
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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 |
|---|---|---|---|
| Jul 30, 2024 | Sold | ||
| Sold | |||
| Jun 24, 2024 | In contract | - | |
| In contract | |||
| Jun 4, 2024 | Listed by Greg Bennett Fine Properties | $425,000 | |
| Listed by Greg Bennett Fine Properties | |||
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This lovely Sugar Creek One story is ready for a new owner to make it home. Built in '81 using later architectural designs of that era with High Ceilings in the Foyer, Living and Dining rooms. An Open and airy feel with plenty of natural light from the front and side windows. With two living areas, the Den is open to the Kitchen, with a brick fireplace and access and views to the backyard via sliding glass doors. The Primary Bedroom has high ceilings and extra closets. The primary bath includes a separate shower, whirlpool tub, water closet, his and her closets, double sinks, generous counter space with access to the backyards covered private Lanai. 2ndary beds are of adequate size. Two large hall storage closets. Secondary bath with double sinks & two entries. An Inside utility room off the two-car oversized garage. Large Driveway and extra parking. The homes along this section of Longview sit high from the street. Historically no flooding into the home. Low Tax rate! HOA.
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Property Highlights
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About Sugar Creek
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017