3896 Root Road
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 |
|---|---|---|---|
| Mar 22, 2024 | Sold | ||
| Sold | |||
| Dec 12, 2023 | In contract | - | |
| In contract | |||
| Oct 31, 2023 | Listed by Keller Williams Realty WNY | $230,000 | |
| Listed by Keller Williams Realty WNY | |||
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Make this your dream home! Plenty of room to grow in this 3 bedroom 2 full bath ranch tucked away on a private 1+ acre lot. Bright eat-in kitchen that has natural lighting, plenty of cupboards and counter space with french doors that lead out to the huge deck with an amazing view. Brand new dishwasher. Dining room adjoins the great room that offers plenty of space for entertaining. Full walk up attic has wonderful extra space for another bedroom, loft, office area, workout room or play area. Garage has been converted into more living space and would be perfect for an in-law set up and has separate heating or could be returned to a 2 car garage. Your yard is surrounded by mature trees along with fruit trees. Roof is aprox 15 yrs, HWT 5 yrs, furnace aprox 10 yrs, A/C aprox 8yrs. Some photos have been virtually staged.
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| Nov 25, 1998 | Sold | ||
| Sold | |||
| Oct 5, 1998 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017