405 Marlowe Drive
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Feb 24, 2025 | Sold | ||
| Sold | |||
| Jan 25, 2025 | In contract | - | |
| In contract | |||
| Jan 14, 2025 | Price Decreased |
$259,900
↓ $5K
(1.9%) | |
| Price Decreased | |||
| Oct 22, 2024 | Price Decreased |
$265,000
↓ $5K
(1.8%) | |
| Price Decreased | |||
| Sep 30, 2024 | Listed by ReBarker Real Estate, LLC | $269,900 | |
| Listed by ReBarker Real Estate, LLC | |||
| | |||
|
Brick Ranch Beauty! Lovely wide front porch greets you. Inside you'll find an updated kitchen with newer cabinets/counter tops, tiled backsplash, & stainless steel appliances. Laminate flooring throughout majority of home. 2 Living rooms which provides extra flex space for playroom/home office. 3 bedrooms 2 bathrooms. Fully fenced yard with patio, playground, & storage shed. Situated in a well established neighborhood convenient to everything! Come make this brick charmer home!
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017