37 Macdonald Dr
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 |
|---|---|---|---|
| Oct 31, 2017 | Sold | ||
| Sold | |||
| Jul 30, 2017 | Listed | $315,000 | |
| Listed | |||
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Great home looking for its new owners. Three bedroom, four bath home between exits 4 and 5 is an ideal location for someone who wants to be close to commuting yet set up high on a hill for great views. Original owner. The roof and windows are less than three years old. Lovely sun room off the mudroom used to have a hot tub and the plumbing is still there if you want to add one. The front to back living room has a wood burning fireplace and sliders to a large deck adorned with a custom Sunesta shade that automatically retracts when it gets too windy. The master bedroom has a walk in closet and 3/4 bath. The family room in the basement has brand new carpeting and a wood burning fireplace. The basement even has a half bath! Many fixtures in the home are original but are functioning. The stairs to the basement and the second floor have new Acorn Stairlifts which can stay with the house if the buyer wants them. There is a paved parking area off of the driveway which could store your boat or extra car. The backyard is sloped and spans approximately 200 feet down from the house. There are blueberry bushes down the slope. Great opportunity awaits you! Showings will begin on July 12, 2017.The manager has listed the unit size as 2444 square feet.
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| Jul 9, 2017 | Listed by RE/MAX Properties | $300,000 | |
| Listed by RE/MAX Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017