409 Couse Road
About This Property
Home features 3 very large bedrooms. All 3 bedrooms have been freshly painted and have newly installed carpet. There are 2 full bathrooms, which have been redone. Walk into the spacious living and dining area which have both been painted and new hardwood floors installed throughout. Home has large kitchen that has been remodeled with new cabinets, granite counter tops and new stainless steel appliances. House also features a 2 car detached garage with new doors, and a very nice large fenced in yard.
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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 |
|---|---|---|---|
| Apr 14, 2020 | Sold | ||
| Sold | |||
| Feb 20, 2020 | Listed by Veltri & Associates, Realtors | $459,900 | |
| Listed by Veltri & Associates, Realtors | |||
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About Neptune
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Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22006913
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Address: 335 Madison Avenue, New York, NY 10017