4427 Peloton Road
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%.
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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.
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 |
|---|---|---|---|
| Jun 29, 2023 | Sold | ||
| Sold | |||
| May 4, 2023 | Listed by Del Monte Realty | $389,000 | |
| Listed by Del Monte Realty | |||
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Architectural style meets Traditional Home with this 3/4 bedroom home located in Meridiana! Beautiful porch entry will greet your guests & make all who visit feel welcome! At the front of the home is a large home office/4th bedroom w/ glass doors as well as one of the Secondary bedrooms . As you continue through the home you will be inspired by the high ceilings, laminate wood-like flooring, brightness from the neutral paint tones and openness of the home. Large family room off the kitchen is anchored by a gaslog stone accent fireplace and a wall of windows & is wide open to the kitchen/dining room. Kitchen offers granite counter tops, 2 additional spaces for addt'l seating, SS appliances & a gas range. Large primary retreat is off main living space & has a wonderful en-suite bath w/ double vanity, walk-in glass shower & soaking tub. Large backyard space rounds out the positive attributes of this home w/ a large covered patio and great green space for entertaining or kids to play!
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About Iowa Colony
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017