427 MAY DR
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 |
|---|---|---|---|
| Dec 22, 2023 | Sold | ||
| Sold | |||
| Sep 6, 2023 | Listed by BNR Real Estate Group | $139,900 | |
| Listed by BNR Real Estate Group | |||
| | |||
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Looking or the perfect starter home, this one is for you. Close to shopping, restaurants, schools, and local universities. Bring your furniture and move right in. The yard is completely fenced in, with a shed and firepit in the back yard, along with a clothes line. Screened in porch on the back that can be used in all seasons. Contact a REALTOR today to schedule a showing.
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| May 27, 2021 | Sold | ||
| Sold | |||
| Mar 22, 2021 | Listed by BNR Real Estate Group | $105,000 | |
| Listed by BNR Real Estate Group | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017