3321 Red Sails Drive
About This Property
It features 3 bedrooms with a potential of a fourth room (utility room can be converted). As you enter the living area it is located to your left hand and features full shutters and is very spacious. The kitchen features 2 sky lights and plenty of cabinet space. It also features a dining area (or office space) that overlooks the backyard with French doors. Utility room is spacious enough to turn into the fourth bedroom/maids room.
The rooms have good closet space and it also features a master bedroom that has a Jacuzzi and a spacious walk in closet. It also has a fireplace for those cold winter nights. Master bedroom also has French doors that lead to a small but comfortable patio. Washer, dryer and refrigerator will stay! Hurry and make your appointment today before it is gone!
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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 5, 2019 | Sold | ||
| Sold | |||
| Jan 27, 2019 | Listed by Future Co., REALTORS | $107,000 | |
| Listed by Future Co., REALTORS | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017