361 Limelight 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 |
|---|---|---|---|
| Feb 2, 2024 | Sold | ||
| Sold | |||
| Dec 22, 2023 | Listed by Poss Realty | $589,000 | |
| Listed by Poss Realty | |||
| Nov 28, 2023 | No longer available | - | |
| No longer available | |||
| Aug 15, 2023 | In contract | - | |
| In contract | |||
| Aug 8, 2023 | Listed by RE/MAX of Rabun | $599,000 | |
| Listed by RE/MAX of Rabun | |||
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The Stunning, New construction home offers long range mountain views. Master and Laundry on main offering 10' ceilings. The 2nd level features 16' ceilings with 2 spacious bedrooms and 2 additional rooms for an Office, Playroom, Media Room or extra sleeping. Enjoy outdoor serenity with your fabulous outdoor fireplace. This home also features 8' solid, knotty, Alder doors. Estimated completion is 10-30-23 The manager has listed the unit size as 2304 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017