3907 Monteith 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 |
|---|---|---|---|
| Jun 28, 2024 | Sold | ||
| Sold | |||
| Jun 1, 2024 | In contract | - | |
| In contract | |||
| May 28, 2024 | Listed | $180,000 | |
| Listed | |||
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Welcome to your future home or investment opportunity! This brick home features 3 bedrooms and 2 full baths, perfect for or for a savvy investor. Per Seller HVAC & Furnace was replaced on January 2024 with a new unit and has a NEW Garage Door Opener. The fenced-in backyard offers privacy and space for outdoor activities. This home does need some TLC, but will provide a fantastic canvas to add your personal touch and create your dream living space. The opportunities are endless which makes it an excellent option for investors. This home is ready for a touch-up, a flip, or forever home. Don't miss out on this opportunity!! This charming brick home is full of potential! Per Seller HAS NEVER FLOODED!!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017