34 Michael Rd
About This Property
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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 |
|---|---|---|---|
| Jul 3, 2024 | Sold | ||
| Sold | |||
| May 8, 2024 | Listed by LAER Realty Partners | $549,900 | |
| Listed by LAER Realty Partners | |||
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Welcome to this charming 3-bedroom ranch nestled on a corner lot! Step inside to discover a beautifully designed interior featuring cathedral ceilings in the family room and kitchen, creating an open and airy atmosphere. The kitchen boasts elegant granite countertops and crisp white cabinets, providing both style and functionality.Relax in the inviting living room by the cozy wood-burning fireplace, perfect for gatherings with friends and family. The home also offers a convenient one-car garage and a recently replaced heating system (2022) and water heater (February 2024), ensuring comfort and peace of mind for years to come.Don't miss the opportunity to make this delightful ranch-style home yours!
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| Mar 20, 2020 | Sold | ||
| Sold | |||
| Jan 10, 2020 | Listed by LAER Realty Partners | $399,900 | |
| Listed by LAER Realty Partners | |||
| Aug 15, 2019 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017