435 Butterfield
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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%.
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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.
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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 23, 2025 | Sold | ||
| Sold | |||
| Dec 28, 2024 | In contract | - | |
| In contract | |||
| Mar 28, 2024 | Listed by Epique Realty | $109,000 | |
| Listed by Epique Realty | |||
| Mar 18, 2024 | No longer available | - | |
| No longer available | |||
| Sep 15, 2023 | Listed by Alder-LaRue Properties | $125,000 | |
| Listed by Alder-LaRue Properties | |||
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This lovely 1964 home, made by Kit Manufacturing Company, offers 940 sq. ft. of living space with 2 bedrooms and 1 ¾ baths and central air/heat. Only the master bedroom and its ensuite bath retain the original finishes and trim, while the remainder of the home has been stylishly transformed by significant interior renovations and updates, including new vinyl laminate flooring and fully sheet-rocked walls in some areas. The remodeled kitchen is equipped with all stainless steel appliances (dishwasher, gas range, microwave, dishwasher and sink), along with new countertops and tile backsplash. The living / dining area spans the width of the home and is artfully decorated with fresh paint and wainscoting for a period look. The guest bedroom accommodates a lovely day bed, and the adjacent ¾ bathroom has full wainscoting, to compliment the new tile flooring, commode and vanity. There are two storage sheds on the premises, one of which houses the full-sized W / D. This elegantly rejuvenated home is ready to occupy. Monthly space rent at 435 Butterfield is $810 per month. The manager has listed the unit size as 940 square feet.
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About Cathedral City
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017