312 MICHELLE DR
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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 |
|---|---|---|---|
| May 2, 2025 | Sold | ||
| Sold | |||
| Apr 5, 2025 | In contract | - | |
| In contract | |||
| Feb 1, 2025 | Listed by Keller Williams Heritage | $224,900 | |
| Listed by Keller Williams Heritage | |||
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This charming single-story home features four spacious bedrooms, perfect for families or those needing extra space. The open-concept living area is bathed in natural light, thanks to large windows, creating a warm and inviting atmosphere. The kitchen, complete with modern appliances and a generous island, flows seamlessly into the dining area, making it ideal for entertaining. Just off the main living space, you'll find a cozy family room that offers a more relaxed setting. The converted garage has been tho
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| Jan 22, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Oct 7, 2024 | Listed by Keller Williams Heritage | $229,900 | |
| Listed by Keller Williams Heritage | |||
| | |||
|
This charming single-story home features four spacious bedrooms, perfect for families or those needing extra space. The open-concept living area is bathed in natural light, thanks to large windows, creating a warm and inviting atmosphere. The kitchen, complete with modern appliances and a generous island, flows seamlessly into the dining area, making it ideal for entertaining. Just off the main living space, you'll find a cozy family room that offers a more relaxed setting. The converted garage has been thoughtfully transformed into a versatile space, perfect for a home office, gym, or playroom, while still allowing for additional storage options. Each of the four bedrooms is well-sized, with the primary suite featuring an en-suite bathroom and a walk-in closet.
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Last Updated: 6 months ago
Data Source: LERA, MLS# 1775355
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017