4507 Medrano Trail
About This Property
Kitchen has granite countertops, and it is open to the family room, with a fireplace. Office is located at the front of the house with French doors. Formal dining and breakfast area, game room upstairs.
Enjoy your favorite movies in the upstairs game room. The community park is only 1 block of a distance.
Conveniently located near shopping centers. This is a true must see.
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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 |
|---|---|---|---|
| Apr 12, 2024 | Sold | ||
| Sold | |||
| Jan 12, 2024 | Listed by Walzel Properties - Corporate Office | $380,000 | |
| Listed by Walzel Properties - Corporate Office | |||
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Last Updated: 5 months ago
Data Source: HAR , MLS# 88249657
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017