35 Richmond Ave
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 |
|---|---|---|---|
| Apr 29, 2024 | Sold | ||
| Sold | |||
| Mar 19, 2024 | In contract | - | |
| In contract | |||
| Mar 15, 2024 | Listed by RE/MAX Vision | $437,500 | |
| Listed by RE/MAX Vision | |||
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This Art & Crafts bungalow is an architectural style known for its beauty and charm. With the use of natural materials, this home is filled with character. From the front enclosed porch you will feel a sense of warmth and coziness as you enter the foyer. The living room features a window seat on the front side of the house while the formal dining room, which is accented with a built in display cabinet, is on the back side of this home. The kitchen with a tile floor and granite counter top, opens to the rear mud room and back yard. The half bath features beadboard trin and a tile floor. All three bedrooms are located on the second level, the fourth bedroom was converted to a walk in closet and could easily be converted back if needed. Recent improvements include major back yard landscaping into a private oasis, mini splits, added insulation, garage door, storage shed, chimney flashing. Great location convenient to local universities, transportation, train and highways.
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| Feb 6, 2015 | Sold | ||
| Sold | |||
| Aug 19, 2014 | Listed by RE/MAX Vision | $194,900 | |
| Listed by RE/MAX Vision | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017