318 MECRAY LN
About This Property
The kitchen has granite countertops, all new appliances and a built in refrigerator surrounded by storage galore with pull out shelves also a movable island that is staying with the property. Down the hall off the living area are two bedrooms with a full bath that features a walk in shower and there is a linen closet at the end of the hall. When you make your way upstairs there are two additional bedrooms with a full hall bathroom that features a tub/shower and beautiful vanity.
As if this were not enough head downstairs to the full basement with painted concrete floors and ample head room this could be finished for a great family or play space
As a bonus the electric, heating/cooling and water heater as well as the roof and siding are all NEW>>>>
No worries for years to come.
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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 28, 2023 | Sold | ||
| Sold | |||
| Oct 28, 2022 | Listed by Century 21 Thomas Realty Inc | $364,900 | |
| Listed by Century 21 Thomas Realty Inc | |||
| Dec 22, 2020 | Sold | ||
| Sold | |||
| Oct 19, 2020 | Listed by Long & Foster Real Estate, Inc. | $132,000 | |
| Listed by Long & Foster Real Estate, Inc. | |||
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INVESTOR DELIGHT! This home has living room area with fireplace. 2 Bedrooms on main floor and 1 bedroom upstairs with 2 more rooms that could be used as office or storage areas. Full walkout basement with bilco doors, laundry area, and separate room for a den. Large backyard with shed and deck. Cash only!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017