4410 Cover Street
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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 |
|---|---|---|---|
| May 9, 2018 | Sold | ||
| Sold | |||
| Mar 7, 2018 | Listed by WINDERMERE R.E. TOWER PROP. | $450,000 | |
| Listed by WINDERMERE R.E. TOWER PROP. | |||
| Sep 2, 2017 | Listed | $464,900 | |
| Listed | |||
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A rare opportunity to own a home in the heart of Riverside on a nearly half -acre (19,602 sqft), flat lot on a beautiful tree-lined street. This one-of-a-kind 2,385 sqft single-story offers 3 large bedrooms, a spacious front living room with floor to ceiling picture windows, formal dining room, over-sized kitchen and ENORMOUS family room with recessed lighting, a dual-sided fireplace shared with the living room, and a wall-sized slider that opens to the backyard bringing the outdoors in. Other features include: beautifully restored original hardwood floors throughout, incredible old-world hand troweled plaster walls throughout, tankless water heater (2014), recently replaced family room carpeting, new kitchen flooring (2017), new toilets in both bathrooms (2017), upgraded 200-amp electrical panel (2007), indoor laundry room and tons of storage. Not include in the square footage is a fully finished usable basement space with large walk-in pantry and two large rooms that could be used as extra bedrooms or an ideal “Man Cave” or “Ladies Lounge.” Outdoors features a two-car detached garage and workshop, irrigated front yard and rear yard with numerous mature fruit trees and covered patio area perfect for summer BBQs. This home is close to everything including the Riverside Plaza, schools, churches, freeways and more. Too much to list. A must see to appreciate! The manager has listed the unit size as 2985 square feet.
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About Magnolia Center
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017