4 Pheasant Circle
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 |
|---|---|---|---|
| May 29, 2020 | Sold | ||
| Sold | |||
| Oct 1, 2019 | Listed by RE/MAX Andrew Realty Services | $549,000 | |
| Listed by RE/MAX Andrew Realty Services | |||
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New Construction currently being built, with still an opportunity for the buyer to customize kitchen and bathroom layouts, flooring, etc. Pheasant Circle is a cul-de-sac neighborhood of newer homes with two lots left. Standard specification offers: Granite Counters in Kitchen and Baths, Hardwood Flooring, Stainless Appliances, Reini On Demand Hot Water Heater, Central Air Conditioning, Propane Fireplace, Choice of Custom Cabinets. Local long time custom builder Prescott Homes is very experienced and knowledgeable about the building process. Builder is VA approved. Building specifications are attached to this listing.
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Address: 335 Madison Avenue, New York, NY 10017