3505 Hutch Drive
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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 |
|---|---|---|---|
| Feb 27, 2021 | Sold | ||
| Sold | |||
| Apr 27, 2020 | Listed by 31 Realty, LLC | $600,000 | |
| Listed by 31 Realty, LLC | |||
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Top of the line Grand Homes, $150,000 in custom improvements. Foyer with vaulted ceilings, formal dining, study has wood paneling & leaded french doors, kitchen has granite countertops, stainless steel appliances. Family room w hearth to ceiling stone fireplace , master w huge walk in closets & travertine tile work, 2nd master suite, media room insulated for surround sound, crown moulding. Energy star, low bills, too many upgrades to list.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017