3525 Washington 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 |
|---|---|---|---|
| May 14, 2024 | Sold | ||
| Sold | |||
| Apr 11, 2024 | Listed by Phillips Realty Group & Assoc | $575,000 | |
| Listed by Phillips Realty Group & Assoc | |||
| Oct 3, 2018 | No longer available | - | |
| No longer available | |||
| Aug 23, 2018 | Listed | $389,000 | |
| Listed | |||
| | |||
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MLS# 13805981 - Built by Highland Homes - Ready Now! ~ Cover Front PorchFaces Trees! High Foyer Ceil-Flr to Ceil Windows! Kitc overlooks FR with gas stn FP; 42” Wht Kit Cab-White Wood Wrapped Isl w-Lvl 2 Platinum Granite; Blt in SS appls Pot-Pans-Spice Cab; Cabinet Bar faces Nook! HUGE Master Closet! Upg Mstr Bth; Pwdr-Mstr Bth-Study Custom Design Pnt; Study with fan; Woods-entry, DR, FR, Kitc Nook, Halls; Lvl 2 Carpet; 16 SEER TRANE variable speed; UpLights! Gas Stub! Mahog 8' Front Door! Rheem Tankless WH; WiFi Thermo; Merv 10 4in. Filter; Tinted-Tilted Windows with Argon Gas betw Window Panes; 2 pools (one with 5 Lap Lane); Grill Station-Soccer Field-Covered Pavilion Lit Basketball. The manager has listed the unit size as 2840 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017