Lot 4 Stone Ridge Heights
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 12, 2018 | Sold | ||
| Sold | |||
| Nov 2, 2017 | Listed by RE/MAX Andrew Realty Services | $1,399,900 | |
| Listed by RE/MAX Andrew Realty Services | |||
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New Melrose 8 Lot Subdivision - Hancock design with attached garage and walkout basement. Other homes available starting at $1,175,000. Minimum 15,000sf wooded lots. Fall 2017 occupancy options or custom build for winter/spring 2018. Quality energy efficient construction includes Hardiplank exteriors, 2x6 construction, Andersen Windows and foam insulation. Interior features include 9' smooth first floor ceilings, upgraded cabinets, KitchenAid appliances, granite, 2-zone heating and cooling, hardwood floors, 1st floor study. All town utilities.
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Address: 335 Madison Avenue, New York, NY 10017