3404 Florence Drive
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 |
|---|---|---|---|
| Oct 30, 2023 | Sold | ||
| Sold | |||
| Sep 14, 2023 | Listed by RE/MAX Choice | $250,000 | |
| Listed by RE/MAX Choice | |||
| Apr 6, 2019 | No longer available | - | |
| No longer available | |||
| Feb 7, 2019 | Listed | $160,000 | |
| Listed | |||
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Wow! Meticulously maintained home in established neighborhood. Open floorplan includes living area with vaulted ceilings & corner gas fireplace with stacked stone surround and granite hearth. Eat in kitchen includes all stainless steel appliances and large pantry. Sliding doors lead to fenced yard with patio & garden beds. The master suite is the perfect place to relax. Pre-inspected and ready for new owners. The manager has listed the unit size as 1460 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017