312 Winchester Drive
About This Property
This spacious ranch features 3 bedrooms, 1 and ½ baths, a laundry/mud room area, formal dining room, an attached 1 car garage, central heat and AC, hard wood floors and an unfinished basement. The formal dining room leads into a screened patio through glass sliding doors. A large backyard with plenty of space for entertaining and possible space for a pool. Basement features high ceilings and spans the entire length of the house which can be converted into additional recreational space. The house has a recently updated roof and furnace.
Don't miss out on this opportunity to own a home in a desirable location with great potential.
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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 |
|---|---|---|---|
| Feb 9, 2024 | Sold | ||
| Sold | |||
| Nov 8, 2023 | Listed by RE/MAX Homeland West | $499,000 | |
| Listed by RE/MAX Homeland West | |||
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Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22331188
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017