35 Grand Tour
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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%.
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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 |
|---|---|---|---|
| May 16, 2018 | Sold | ||
| Sold | |||
| Mar 16, 2018 | Listed by Resources Real Estate | $450,000 | |
| Listed by Resources Real Estate | |||
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Totally renovated inside/out, high and dry in the Highlands Hills. All new kitchen w/SS appliances, granite, 36''shaker style cabinets w/under cabinet lighting, subway tile back splash. Living room w/stacked stone, gas FP w/reclaimed wood pine mantle. LR & DR w/refurbished oak floors. 3 bedrooms with new carpet, 2 full baths. Fully finished basement with separate entrance and zone heating. Laundry and utility room. New roof, gutters, siding,hot water heater, HVAC, AC & furnace systems. Craftsman style front door, azek composite front porch. All new Anderson 400 Series windows. LR w/sliders leading to new, 396 sq ft deck perfect for entertaining. Whew!! Too much to mention. Close to the beaches of Sea Bright & Gateway National Rec. Area, The Twin Lights, Hartshorne Woods w/trails for outdoor enthusiasts. Great Restaurants, Seastreak Ferry minutes away.
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| Mar 31, 2017 | Sold | ||
| Sold | |||
| Sep 19, 2016 | Listed by Resources Real Estate | $260,000 | |
| Listed by Resources Real Estate | |||
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Don't miss this opportunity to renovate or rebuild high in the very desirable hills of Highlands. No flood insurance necessary. Picturesque wooded lot on a secluded quiet street. Close to Sandy Hook,ocean and bay beaches, hiking trails and SeaStreak commuter ferry and NYC commuter bus. Be part of the Highlands Renaissance,a truly great place to live!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017