38 Upton 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 |
|---|---|---|---|
| Oct 16, 2024 | Sold | ||
| Sold | |||
| Sep 12, 2024 | In contract | - | |
| In contract | |||
| Sep 5, 2024 | Listed by Suburban Lifestyle Real Estate | $599,000 | |
| Listed by Suburban Lifestyle Real Estate | |||
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Introducing this well-maintained ranch with the same owners over the last 30 years! Lots of updates done. The first floor was remodeled in 2022 with a living room, eat-in kitchen, pine cabinets, bedroom, full bath, laundry & storage. laminate floors. New windows installed in 2022. Second-floor galley kitchen w/ hardwood floors throughout updated windows, new 4-season sun room of the dining room, leading to a large deck. A new septic is being installed. Outside steps, walls, and walkways meticulously maintained. The house sits on a dead-end street with 2 driveways front & back. Large private backyard with lots of room for entertainment & privacy. Ideal place for kids. The roof is 15 years old, water heater & furnace are 10 years old. Centrally located near public transportation & highway access. Updated large town pool & new Junior High, Space center with, food, shops & entertainment 5-minute walk. OH Fri 4-6. Sun 2-4. PARK IN BACK DRIVEWAY ENTER THROUGH FIRST FLOOR
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017