47
Map
408 Espanola Way
About This Property
The owners have addressed pert near everything beginning (2012) a new water heater & 2013 a professionally installed carport for the 2nd car because shouldn't everyone get some shade for their car? Who needs shingles when you can have metal? The roof was replaced in 2016 and clipped in 2022. Now you are probably saying, this house is as old as my momma, what about the plumbing? Redone in 2018 from the sewer line with new PEX pipes. The most recent updates are the AC, 2019 and a new shed in 2022.
Bedrooms, bathrooms & closets are not huge.
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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 25, 2023 | Sold | ||
| Sold | |||
| May 3, 2023 | Listed by Hunter Home Realty PA | $435,000 | |
| Listed by Hunter Home Realty PA | |||
| Jun 1, 2012 | Sold | ||
| Sold | |||
| May 7, 2012 | Listed by Hunter Home Realty PA | $119,900 | |
| Listed by Hunter Home Realty PA | |||
| Feb 29, 2012 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017