4359 Highway 516
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 |
|---|---|---|---|
| Feb 12, 2018 | Sold | ||
| Sold | |||
| Nov 30, 2017 | Listed by ALL TOWNE REALTY | $419,900 | |
| Listed by ALL TOWNE REALTY | |||
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Colonial charm w/lots of opportunity great for large family features 8 bedrooms, updated windows, some h/w floors freshly painted inside and out, new stainless kitchen appliances, also bonus office used work from home. was being used as dentist office (grandfathered)5 examing rooms, reception area plus waiting room ( must live in home to use as office ) Great potential either way Total Sq 3183,great lakeridge community bus to NYC at corner, pool, tennis courts and so much more. Wont last at this price hurry!
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| Apr 2, 2014 | Sold | ||
| Sold | |||
| Nov 8, 2013 | Listed by HERITAGE HOUSE SOTHEBY'S | $329,000 | |
| Listed by HERITAGE HOUSE SOTHEBY'S | |||
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LOADED with Sq Footage at a VALUE packed price! Zoned Live-In Professional & featuring a 1,000 sq. ft 5 Rm.addition. This former Dr./Dentist office offers High Visibility, Grandfathered Signage, Separate Entrance& 2 Zone Heat & AC. While also providing the flexibility of In-Law Apt!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017