310 Preston 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 |
|---|---|---|---|
| Dec 28, 2023 | No longer available | - | |
| No longer available | |||
| Aug 14, 2023 | Sold | ||
| Sold | |||
| Jul 28, 2023 | In contract | - | |
| In contract | |||
| Jul 19, 2023 | Listed by Elevate Realty Group | $295,000 | |
| Listed by Elevate Realty Group | |||
| | |||
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Great neighborhood! Move in ready! This home boasts 3 bedrooms, 2 full baths and 2 car garage with opener. Home features tile in the kitchen and brand new vinyl plank flooring everywhere else for easy clean up and maintenance. The entire inside of the home has a fresh coat of paint. New updated light fixtures and facets have just been installed. Kitchen has stainless steel appliances with lots of counter space, cabinets, and large pantry...and the microwave is new. Large master bedroom with spacious shower in the bathroom, dual sinks and 2 walk in closets. Secondary bedrooms have nice size walk in closets. There are washer and dryer hookups in the laundry room and also in the garage, so you can choose where to put them or have 2 sets to get your laundry done quick. Great covered porch in the back. Privacy fenced. Excellent location close to schools, shopping and access to highways and toll road. The manager has listed the unit size as 1608 square feet.
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| Jul 3, 2023 | Listed by Elevate Realty Group | $295,000 | |
| Listed by Elevate Realty Group | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017