357 Nicholas Drive
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 |
|---|---|---|---|
| Jul 15, 2021 | Sold | ||
| Sold | |||
| Apr 12, 2021 | Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | $535,000 | |
| Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | |||
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ONE-LEVEL LIVING in this Reagan style ranch in the 55+ community at Eagle Ridge. Spacious kitchen with sunny eat-in area, new appliances, and french doors leading out to new side deck. Great room with gas fireplace and views of private wooded area and back deck. First floor master suite with walk in closet, soaking tub, double sink vanity, and walk in shower stall in master bath, plus two additional bedrooms and a full bath on first level. Formal dining room with wainscoting. Finished walk out basement with half bath, two bonus rooms, and family room featuring a gas fireplace/stove. Wooded and fenced backyard. This home is tucked into a more private spot with wooded views.
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| May 8, 2014 | Sold | ||
| Sold | |||
| Nov 6, 2013 | Listed by Coldwell Banker Residential Brokerage - Leominster | $369,900 | |
| Listed by Coldwell Banker Residential Brokerage - Leominster | |||
| Jan 18, 2005 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017