38 Indian Rd.
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%.
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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 23, 2024 | Sold | ||
| Sold | |||
| Nov 27, 2024 | In contract | - | |
| In contract | |||
| Nov 21, 2024 | Listed by Waterfront Realty Group | $699,000 | |
| Listed by Waterfront Realty Group | |||
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OFFERS DUE MON 11/25 AT 3:00 P.M., PLEASE MAKE GOOD THRU TUES 11/26 AT 12:00 P.M. Nestled in a peaceful neighborhood within walking distance of the area’s beautiful beaches and picturesque Humarock Village, this spacious Garrison Colonial is being offered for the first time in over 50 years! With hardwood floors throughout most of the home, this bright property has a welcoming and warm vibe. The first floor living area flows easily from the living room to dining room and kitchen, making it perfect for everyday living. A large family room off the kitchen suggests it is the hub of the home, with a wood burning fireplace and lovely views of Humarock and the ocean, a perfect spot for gathering. The second floor has four generous bedrooms all with ample closets, and a full bath. The backyard has two smaller decks leading to a sweet and inviting spot that beckons you to relax and enjoy your surroundings. The home will need some updating, but with a TLC this charming house will simply shine!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017