38W124 Richard 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 |
|---|---|---|---|
| Oct 27, 2023 | Sold | ||
| Sold | |||
| Sep 7, 2023 | Listed by Premier Living Properties | $399,900 | |
| Listed by Premier Living Properties | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Oct 7, 2020 | In contract | - | |
| In contract | |||
| Oct 3, 2020 | Listed | $250,000 | |
| Listed | |||
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Unique A-frame RANCH home with NEW roof and new paint throughout. Needs updating, but there is so much potential in this 3 bed, 2.5 home located in the desirable Hopps Road area west of Randall. 2 minute drive to the elementary school! Circular front driveway leads to soaring entry. Sunny front room with 3/4 of a wall of windows. Kitchen with some stainless appliances is open to the family room, which features a wood burning fireplace and slider door that leads to the spacious deck. Large master bedroom boasts access to the deck, a walk-in closet, and an en suite bathroom. Bedrooms 2 and 3 share a hall bath with storage, dual vanities, and separate water closet. Sprawling partially finished walk out basement with plumbed in bath, large laundry area, and access to the garage. Great bones in this house awaiting a new owner's personal touch. Most main floor windows replaced within the last 10 years. 2.5 car garage and .55 acre lot. Basement freezer is older, but is working, and is available with the house if wanted. The manager has listed the unit size as 1876 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017