38 Mitchell Drive
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 17, 2021 | Sold | ||
| Sold | |||
| Jul 15, 2021 | Listed by DeFelice Realty Group, LLC | $429,900 | |
| Listed by DeFelice Realty Group, LLC | |||
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Don't miss seeing this beautiful 4 bedroom 3 ½ bath home! 1st Floor has living room, dining room, and kitchen leading to family room with back wall of windows allowing views of the large backyard with deck overlooking Winding River Park. Kitchen equipped with 6 burner gourmet stove, double oven and flat top grill. 3 bedrooms upstairs including 4th bedroom that was converted to laundry room and master bedroom with updated en suite. Many big ticket items replaced including central a/c, furnace, hot water heater, vinyl siding and most windows. A must see! Home won't last!
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| Feb 25, 2016 | Sold | ||
| Sold | |||
| Jan 4, 2016 | Listed by Bob Grimm Agency | $299,000 | |
| Listed by Bob Grimm Agency | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017