38 Albany Cir
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 4, 2017 | Sold | ||
| Sold | |||
| Aug 23, 2017 | Listed by J. Barrett & Company | $519,900 | |
| Listed by J. Barrett & Company | |||
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New to the market! Contemporary custom Cape with open floor plan completely rebuilt home in 2006. Move-in condition. Bright family room and deck overlook private, well landscaped yard. Kitchen has Wolf gas stove top, Marboleum kitchen floor, Corian counters. and pecan custom cabinets. House was planned and built to accommodate electric heat. Hydro-sil Electric heating system with baseboard and thermostat in each room. Central air via heat pump. Many upgrades and well thought out extras including Anderson Windows. B-Dry waterproofing system in basement with lifetime warranty. Surround sound system wiring throughout home. Stove, gas fire place and grill hook-up fueled by leased propane gas from Eastern. Electrolux central vacuum system. Shared driveway with deeded right of way easement. Central location near public transportation, schools and highways.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017