405 Barcelona Drive
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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 |
|---|---|---|---|
| Sep 23, 2023 | Sold | ||
| Sold | |||
| Jun 23, 2023 | Listed by Sandra Luna & Associates | $187,000 | |
| Listed by Sandra Luna & Associates | |||
| May 26, 2023 | Listed by Sandra Luna & Associates | $205,000 | |
| Listed by Sandra Luna & Associates | |||
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Great investment property! Main house is a cute one story brick with 3 beds 2 baths, 1444 sq foot with extra space that can potentially be a fourth bedroom w/ REFRIGERATED AIR. It features beautiful original hard wood floors and a renovated restroom. There is a 396 sq ft studio in the back which includes a kitchen and restroom with a shower. There are also 2 roomy storage units also in the backyard for extra storage. The yard is large and has a large carport to protect your vehicles from our unpredictable weather. Call today for an appointment!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017