42 Mayer Drive
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 |
|---|---|---|---|
| Jun 11, 2024 | Sold | ||
| Sold | |||
| Jan 23, 2024 | In contract | - | |
| In contract | |||
| Dec 20, 2023 | Listed by Howard Hanna Rand Realty | $899,000 | |
| Listed by Howard Hanna Rand Realty | |||
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A Diamond in the rough, this sprawling Ranch sits on 1.91 acres. House features: A bright eat-in-kitchen, with Anderson windows, high hats thru-out. Living room can be used as a bedroom if needed. Spacious Family room, beautiful stone fireplace with return vents, sharing a spacious L-shaped dining area with slider doors leading out to the backyard. Lots of built in book shelves, not only in the family but around the other rooms making the house warm and inviting. Master bedroom with master bathroom, includes space large enough for an office or for a baby's nursery. Off the living room is a full office. All bedrooms are spacious as well. Unfinished walk up attic used for storage has four skylights making it bright and a nice sitting area. Unfinished walkout basement absolutely perfect for storage, and for the washer/dryer. A Must see to appreciate.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017