346 Heritage Way
About This Property
The living room and family room are a nice size. A dining area off the kitchen (which includes a brand new stainless steel appliance package) and utility room on the first floor round out space. The direct entry from the two-car garage is a bonus, especially during inclement weather. The main bedroom is spacious with an en-suite bath, a walk-in closet, and a second closet. The home features three full baths, one on the first floor.
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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 1, 2021 | Sold | ||
| Sold | |||
| Aug 2, 2021 | Listed by Home Alliance Realty | $375,000 | |
| Listed by Home Alliance Realty | |||
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Tuckerton Estates- Spacious home offers lots of ground floor space for the entertainer! Almost 1/3 of an acre on a corner lot, sidewalks, fenced yard with inground pool. Additional room off the family room has a wetbar and lots of windows for view of the yard. The living room and family room are a nice size. Dining area off the kitchen and utility room on the first floor round out the space. Direct entry to the 2 car garage. The main bedroom is large with a walk in closet and a second closet. Three full bathrooms, one on the first floor. Brand new stainless steel appliance package for the kitchen included.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017