408 Turnpike Rd
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 |
|---|---|---|---|
| Sep 11, 2024 | Sold | ||
| Sold | |||
| Jul 16, 2024 | In contract | - | |
| In contract | |||
| Jun 28, 2024 | Relisted | $204,000 | |
| Relisted | |||
| May 3, 2024 | Listed by The Delamere Flynn Group, LLC | $449,000 | |
| Listed by The Delamere Flynn Group, LLC | |||
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You have a second chance at this beautiful home that is in the process of installing a new upgraded septic system!!The first-floor layout contains a renovated eat in kitchen (all stainless-steel appliances included!), charming fireplaced living room, half-bath with laundry (stainless-steel washer and dryer included!) and two rooms with closets that can be used as bedrooms, or dining room and den! The second floor has a gorgeous, vaulted ceiling bedroom, bathroom with shower, an airy hall with built-in drawers plus another room that can be used as an office or sleeping area. The heated garage with electric opener leads into a cozy family room with an extra space to use as an office or play area! Exterior door leads out to the newly paved driveway and spacious lawn area to the side of the house, as well as a fenced in backyard. Enjoy the spacious backyard with an inground pool, beautiful plantings and garden!
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| Nov 19, 2018 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017