3290 Abelia 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 |
|---|---|---|---|
| Apr 19, 2024 | Sold | ||
| Sold | |||
| Feb 20, 2024 | Listed by Slate Group Realty, LLC | $504,900 | |
| Listed by Slate Group Realty, LLC | |||
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New Home Community in SECKINGER HIGH SCHOOL district. Mae Plan by LHA Homes LLC. Home available for April 2024 Closing. Features grey cabinets with white quartz tops in kitchen and full baths. Kitchen opens to family room and dining area. Large master suite features upgraded tile floors in bathroom, tile shower, tub and generous sized walk-in closet. Modern style exterior construction includes brick water table with remainder fiber cement. HOA dues include lawn maintenance and also covers walking trail and dog park amenity. $15,000 in closing cost paid with Preferred lender.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017