38 Menlo Ter
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 |
|---|---|---|---|
| Sep 24, 2014 | Sold | ||
| Sold | |||
| Aug 6, 2014 | Listed by J. Barrett & Company | $259,900 | |
| Listed by J. Barrett & Company | |||
| Apr 30, 2012 | Sold | ||
| Sold | |||
| Sep 14, 2011 | Listed by Windhill Realty, LLC | $228,500 | |
| Listed by Windhill Realty, LLC | |||
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This home is located at the end of a dead-end street, has a wrap around deck with great views and abuts Lynn Woods....Both baths are brand new, modern eat-in kitchen and the finished basement has a new laundry room, a separate office, exercise area, and a music room. There is a one-car garage with electric eye opener.
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| Aug 11, 2004 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017