406 New Hope 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 |
|---|---|---|---|
| Jul 13, 2026 | Listed by GrandView Realty Group | $299,900 | |
| Listed by GrandView Realty Group | |||
| Jul 31, 2023 | Sold | ||
| Sold | |||
| Jun 15, 2023 | Listed by Southern Classic Realtors | $287,000 | |
| Listed by Southern Classic Realtors | |||
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This beautiful new construction 4 bedroom/2 bath home has an open kitchen floorplan, granite countertops throughout, large tile master shower with multiple shower heads, 6 ft wood privacy fence, faux wood blinds, LVP throughout (no carpet at all), security system, mudlocker, fire place, sprinkler system front and back, cellulose insulation and MORE! Call for your private showing today.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017