408 S Marginal Road
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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 9, 2024 | Sold | ||
| Sold | |||
| Jun 24, 2024 | In contract | - | |
| In contract | |||
| May 19, 2024 | Price Decreased |
$999,000
↓ $100K
(9.1%) | |
| Price Decreased | |||
| May 1, 2024 | Listed by BERKSHIRE HATHAWAY | $1,099,000 | |
| Listed by BERKSHIRE HATHAWAY | |||
| | |||
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Welcome to this sprawling ranch home boasts more than 2600sqft living space and serenity with comfort, and convenience, enhances with its spaciousness and charming. As you enter, you're greeted by the warmth of a wood-burning fireplace in the spacious living room. The garage has been transformed into an oversized family room, offering ample space for gatherings and entertainment. The heart of the home is the expanded eat-in kitchen, featuring floor-to-ceiling windows & cathedral ceiling with natural light and views of the beautiful outdoors. Retreat to the primary bedroom, complete with an ensuite bathroom and generous closet space, providing a private sanctuary to unwind. Additionally, there are three generous sized bedrooms, each offering comfort and ample space, accompanied by a huge hall bathroom boasting double sinks for convenience. This home also has a formal dining area, ideal for hosting dinner parties or intimate gatherings. Step outside through the sliding door to the backyard perfect for relaxing or entertaining guests. With its thoughtful layout and abundance of space, new central AC, gas cooking & heating, prestigious Jericho schools with super low taxes!! This ranch home offers a perfect blend of comfort, functionality, and style! This incomparable home would not last! Contact TODAY!!!
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| Jul 26, 2010 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017