311 Michaela Street
About This Property
10-12 foot ceilings 1st floor, covered patios, crown molding, custom tiled showers, raised vanities in master bathrooms, 18 x 18 Tile in foyer, extended foyer, kitchen breakfast, laundry and all bathrooms,
All of our homes can be modified to meet all your needs.
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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 27, 2015 | Sold | ||
| Sold | |||
| Oct 29, 2014 | Listed by ALL REAL ESTATE OPTIONS INC | $377,365 | |
| Listed by ALL REAL ESTATE OPTIONS INC | |||
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About St. Johns
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017