3940 58th Circle
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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 6, 2024 | Sold | ||
| Sold | |||
| May 10, 2024 | In contract | - | |
| In contract | |||
| Apr 30, 2024 | Price Decreased |
$625,000
↓ $25K
(3.9%) | |
| Price Decreased | |||
| Apr 17, 2024 | Price Decreased |
$650,000
↓ $25K
(3.7%) | |
| Price Decreased | |||
| Apr 5, 2024 | Listed by Dale Sorensen Real Estate Inc. | $675,000 | |
| Listed by Dale Sorensen Real Estate Inc. | |||
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Stunning home meticulously maintained and recently updated! Work that has been done includes, a whole home re-pipe, new pool pump, all new appliances in 2023 with warranties, a pool resurfacing AND a sealed garage floor with epoxy. Not to mention the lower cost of living featuring solar energy to heat the 80 gallon water tank as well as the pool. Complete with a metal roof, new driveway pavers and a new travertine pool deck... This home is your dream in paradise. The options are endless and the luxury is unparalleled. Rm sz approx and subj to err
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Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017