3644 Tierra Madrid
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 |
|---|---|---|---|
| Dec 2, 2024 | No longer available | - | |
| No longer available | |||
| Oct 18, 2024 | Price Decreased |
$585,000
↓ $15K
(2.5%) | |
| Price Decreased | |||
| Aug 2, 2024 | Price Decreased |
$599,999
↓ $15K
(2.4%) | |
| Price Decreased | |||
| Jun 7, 2024 | Listed by JPAR EP (869) | $615,000 | |
| Listed by JPAR EP (869) | |||
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This Tuscan Masterpiece Built by Fortune Custom Home Builders awaits it's new owner! This breath taking one story home is Nestled on a spacious cul-de-sac lot, and boasts over 3400 sq ft of refined, open-concept living space. Offering 3 bedrooms, 2.5 baths, an office, and a theater/flex room with soaring ceilings, every inch exudes elegance. Adorned with shutters throughout, the home features gorgeous granite countertops, ceramic tile floors, and enchanting lighting fixtures. Step outside to discover an inviting patio with stairway access to a balcony, perfect for enjoying the beautiful city vistas. Additionally, enjoy the convenience of RV parking and a fully insulated 14 x 30 shed complete with a workshop and 220V electrical box. The kitchen, a hub of activity, seamlessly integrates with living and dining areas, fostering effortless socializing and family gatherings. Don't let this opportunity slip away—make your dream home a reality today! Call for your private showing.
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| Oct 11, 2019 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017