38 Farless Avenue
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 |
|---|---|---|---|
| Jul 12, 2022 | Sold | ||
| Sold | |||
| May 12, 2022 | Listed by ELLEN ROSENBAUM REAL ESTATE | $450,000 | |
| Listed by ELLEN ROSENBAUM REAL ESTATE | |||
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Custom Colonial Built 1979 on Corner Property 75x107*Formal Living Room w/Woodburning Fireplace & Big Bay Window*Formal Dining Room w/Slider to Patio & Level Yard*Eat-n-Kitchen w/Oak Cabinets*1-Car-Garage*2 Full Bathrooms, One w/Shower, One w/Tub*4 Gracious Size Bedrooms w/Lots of Closets & ardwood Flooring*Pulldown Attic Stairs*Brick Front*Vinyl Siding*Newly Replaced Central Air, Furnace, Water Heater*Laundry 1st Floor*Tilt-in-Windows*Super Convenient to Routes 9,18,516,527* Home Being Sold Strictly As Is*
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017