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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 |
|---|---|---|---|
| Oct 31, 2018 | Sold | ||
| Sold | |||
| Jul 15, 2011 | Sold | ||
| Sold | |||
| Aug 11, 2010 | Listed by Heritage Realty Associates, Inc. | $180,000 | |
| Listed by Heritage Realty Associates, Inc. | |||
| May 25, 2007 | Sold | ||
| Sold | |||
| Mar 14, 2007 | Listed by Heritage Realty Associates, Inc. | $227,900 | |
| Listed by Heritage Realty Associates, Inc. | |||
| | |||
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Bank owned ranch - 2-3 bedrooms, full basement with woodstove, recently remodeled bath. Great deck in back. Excellent commuter location. Offers need to have a pre-approval letter from Countrywide Home Loans. Free appraisal and credit report if financed through Countrywide. Please call agent for addendums to be signed before writing any offers.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017