40 Abelia 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 |
|---|---|---|---|
| Apr 30, 2024 | Sold | ||
| Sold | |||
| Feb 22, 2024 | Listed by SouthSide Realtors, LLC | $479,900 | |
| Listed by SouthSide Realtors, LLC | |||
| | |||
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Brookfield Builders presents the Wyatt Plan. This home offers 4 bedrooms, bonus/flex room, 3 full bathrooms, kitchen with granite counter-tops, tile backsplash, and SS appliances, family room with fireplace, separate dining room, office, large master bedroom with trey ceilings, master bathroom with tile shower, double vanity, and oversized master closet. Exterior is 3 sided brick with concrete siding on the back of home and covered back patio.
| |||
| Dec 19, 2023 | Listed by SouthSide, REALTORS | $479,900 | |
| Listed by SouthSide, REALTORS | |||
| Mar 3, 2023 | Sold | ||
| Sold | |||
| Apr 24, 2012 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017