407 Nichols Road
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 |
|---|---|---|---|
| May 30, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Feb 24, 2025 | Listed by Home Pros Real Estate Group | $182,000 | |
| Listed by Home Pros Real Estate Group | |||
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Location! Location! This Home located in a perfect spot. It has walking distances to Elementary School and minutes to drive to I-10 or Border Highway. This Spacious 2 story home offers 1600 square feet of living space. Master bedroom is located downstairs with a 3/4 bathroom. Kitchen with storage space. Updated home with refrigerated air and updated items in home.
Low maintenance and its a must see. Call me for your showing today.
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| Dec 27, 2021 | Sold | ||
| Sold | |||
| Sep 21, 2021 | Listed by BHGRE ELEVATE | $136,000 | |
| Listed by BHGRE ELEVATE | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017