31 Prospect Drive
About This Property
Inside, gather with friends in the dining room featuring fireplace plus three original corner built-ins. Original subway tile in kitchen and baths make this house a gem for lovers of period detail.
Built in 1921, this house boasts five bedrooms, large home office, nursery/sewing room, sun porch, kitchen with walk-in pantry, laundry room, three and one half baths, three fireplaces and an attached, heated two car garage. Additionally, there is a staggering amount of storage space.
Updates include:
Water Main,
New Boiler,
Water heater,
New gutters,
Ice break. Additional Information: ParkingFeatures:2 Car Attached,
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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 |
|---|---|---|---|
| Jun 4, 2019 | Sold | ||
| Sold | |||
| Mar 7, 2019 | Listed by Park Sterling Realty | $895,000 | |
| Listed by Park Sterling Realty | |||
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Data Source: OneKey MLS
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017