370 HOURGLASS Drive
About This Property
3 LARGE LIVING AREAS. IT IS A 2 STORY HOME WITH LIVING QUARTER THAT INCLUDES A KITCHEM AND 3/4 BATHS FOR ADDITIONAL FAMILY MENBERS. CAD STATES IT IS 2644 SQ FT., IT IS A BIG HOUSE FOR THE MONEY
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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 29, 2020 | Sold | ||
| Sold | |||
| Jul 6, 2020 | Listed by Marquis Realty Inc. | $115,000 | |
| Listed by Marquis Realty Inc. | |||
| Dec 3, 2019 | No longer available | - | |
| No longer available | |||
| Oct 22, 2019 | Listed | $145,000 | |
| Listed | |||
| | |||
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Two story home with 3 living areas, 4 bedrooms, 2 bathrooms, property with fence front and back. Close to 375 and schools. The manager has listed the unit size as 2646 square feet.
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| Jul 26, 2019 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017