3508 Federal Road
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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.
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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 |
|---|---|---|---|
| Aug 16, 2024 | Sold | ||
| Sold | |||
| Jul 20, 2024 | In contract | - | |
| In contract | |||
| Jul 5, 2024 | Listed by Coldwell Banker Realty - Memorial Office | $690,000 | |
| Listed by Coldwell Banker Realty - Memorial Office | |||
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An amazing property just like new, on a 35,414 sq. ft.lot. As you enter the foyer you will feel the spacious high ceiling open concept of the living space w/ a fireplace.Living room has coffer ceiling & custom built in TV cabinet unit that opens into the dining room & kitchen.Kitchen has beautiful custom cabinets & granite counter tops w/ 5 burner gas stove & a generous storage space. All bedroom rooms are generous in size w/ large wake-in closets. The two secondary bedrooms are en-suite, w/ possible 4th bedroom that is being use as an office now. Master bathroom has a large jacuzzi tub, separate shower & two vanities. Spacious 3 car garage w/ a half bathroom in garage and a large sink area for cleanup.The east side of the house has a port-a-call plus a large cover area for three additional cars (30X18) or for entertaining. A large custom builded dog run/house completely self contained. Property also has a well for watering the immaculate lawn, security cameras and alarm system.
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About Alta Vista Acres
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017