409 Mason 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 |
|---|---|---|---|
| Sep 27, 2012 | Sold | ||
| Sold | |||
| Aug 22, 2012 | Listed by Non Member Office | $234,500 | |
| Listed by Non Member Office | |||
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Delightful contemporary split is ready to move right in! Soaring cathedral ceiling great room is bright and airy. Open concept kitchen/dining area with sliders to deck and backyard. Dark stained hardwood floors and gas fireplace add warmth and character. Master bedroom with en-suite bath has whirlpool tub. Finished lower level family room and office/4th bedroom. Two car garage and entry mud room are welcome amenities. Private 1/2 acre lot completes the package. Affordable and adorable.
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| Nov 10, 2009 | Sold | ||
| Sold | |||
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Address: 335 Madison Avenue, New York, NY 10017