3800 Bathgate Road
About This Property
The oversized two-car garage is not just a place for vehicles; it's a versatile space with a separate pull-down attic for storage and a workshop area, catering to the needs of the handy homeowner. You will also notice a routinely maintained HVAC system washer and dryer and a new water heater. The paved large driveway ensures convenience and ample parking for guests. This property holds endless possibilities for those with a vision to transform it into their dream home. Don't miss the chance to make this residence your own, where classic charm meets future potential.
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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 |
|---|---|---|---|
| Mar 4, 2024 | Sold | ||
| Sold | |||
| Jan 26, 2024 | Listed by Real Broker LLC | $325,000 | |
| Listed by Real Broker LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017