4118 Bluegrass Street
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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 |
|---|---|---|---|
| Jan 3, 2024 | Sold | ||
| Sold | |||
| Nov 27, 2023 | Listed by Realty Associates | $750,000 | |
| Listed by Realty Associates | |||
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Garden Oaks meets Independence Heights. Don't pass on this custom built modern farmhouse that has it all. Privacy gate, roll downs for weather/security, automatic drapes, oversized garage, 2 gas firepits, sonos speakers, pot filler, oversized range, accent walls throughout, custom painted murals from Houston inspired artist, swim/spa, artificial turf, outdoor kitchen area, oversized back patio, Tesla back up battery that acts as a generator when power outages occur, solar panels, ring cameras and so much more. Don't lose the chance to have a custom modern farmhouse this close to the city with this much space.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017