420 Primrose Avenue
About This Property
The kitchen is well-appointed with granite counters, updated cabinetry, and stainless steel appliances. The sizable family room flows seamlessly from the kitchen and shines with a gas and wood fireplace with mantle. The master suite welcomes with a sizable closet and a bathroom with granite counters. The secondary bedrooms have spacious closets and share the full hallway bathroom. Copper piping in whole house, attic fan and rv parking add to the value of this property. Enjoy relaxing in the sprawling backyard with a patio cover and lush fruit trees including Avocado and Orange.
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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 |
|---|---|---|---|
| Mar 6, 2018 | Sold | ||
| Sold | |||
| Jan 20, 2018 | Listed by Regal Realty | $644,900 | |
| Listed by Regal Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017