3849 Iron Ore 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%.
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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 |
|---|---|---|---|
| Oct 8, 2021 | No longer available | - | |
| No longer available | |||
| Aug 11, 2021 | Sold | ||
| Sold | |||
| Jul 16, 2021 | Listed by Algonquin Properties | $345,000 | |
| Listed by Algonquin Properties | |||
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This is an excellent one story 3 Bedroom, 2 Bath house with beautiful wood floors and carpet. Spacious kitchen dining & large cathedral-ceiling living room with lots of natural light. Kitchen has custom cabinets, large granite island & counter tops & gas range. Extra large master bedroom with large walk-in closet, beautifully tiled large shower w bench & ADA bars. 2nd bedroom has large walk in closet. 3rd bedroom has 2 closets. The house is a short distance to new state of the art city park. There are several important upgrades such as the beautiful fireplace with remote control. This exceptionally beautiful home is in MOVE IN condition and is ready day one.
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| Nov 13, 2020 | Sold | ||
| Sold | |||
| Oct 29, 2020 | In contract | - | |
| In contract | |||
Property Highlights
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About Grayson
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017