1
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38 Hillcrest Ave
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 |
|---|---|---|---|
| Nov 18, 2005 | Sold | ||
| Sold | |||
| Jul 16, 2005 | Listed | $389,900 | |
| Listed | |||
| Nov 24, 1997 | Sold | ||
| Sold | |||
| Aug 28, 1997 | Listed | $182,900 | |
| Listed | |||
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HOME TO BE BUILT - FAMILY AREA 24X36 GARRISON/2CAR UNDER 0/CLEARANCE F/P SLIDER TO 10X10 DECK, OAK CABINET KITCH WITH BREAKFAST BAR, WALK OUT DOOR IN BASEMENT, TOWN UTILITIES WITH FORCED MAIN SYSTEM. LATE DECEMBER OCCUPANCY
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017