4518 Margaritas Way
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 |
|---|---|---|---|
| Apr 15, 2024 | Sold | ||
| Sold | |||
| Nov 6, 2023 | Listed by Coldwell Banker Apex, REALTORS | $399,900 | |
| Listed by Coldwell Banker Apex, REALTORS | |||
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Home is more than Bricks and Mortar, you will be captured by the story book charm. As you enter the interior of this cherished home you will delight in the open floor plan, 12FT ceilings, the beautiful fireplace that serves as the focal point of the living space. Speaking of the kitchen, it truly is the heart of the home. Equipped with double ovens, modern appliances, and abundant counter space, it's perfect if you enjoy entertaining! Step out side into a backyard, a haven for relaxation and recreation. Relax in your pool with a soothing water fall feature and bubbler to sooth your feet. Additional features are-4 bedrooms- split floor plan- large home office with closet- one bedroom on 2nd floor- unique retractable ceiling fan chandeliers - Dog Run -spacious garage-large utility room with sink. Don't miss the opportunity to make this extraordinary home yours. Call us today to schedule a showing and experience the true essence of comfortable and stylish living.
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| Jun 15, 2021 | Sold | ||
| Sold | |||
| May 10, 2021 | Listed by Tonya Harbin Real Estate | $335,000 | |
| Listed by Tonya Harbin Real Estate | |||
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Grand 4 bedroom, 3 full bathroom home with an additional office! Magnificent stone and brick exterior. Front entrance leads into the living room and formal dining which boasts towering ceilings. The office has an abundance of natural light. Kitchen includes breakfast bar, double ovens, eat in dining, and granite counter tops. The oversized owners suite has a stunning ensuite bathroom with separate vanities, soaking tub, and stand alone shower. The upstairs bonus room has its own full bath and is perfect for a game room, bedroom, or work out space. The backyard is a private oasis including stunning in ground pool with water feature, and front & back sprinkler system. Come make this house your new home!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017