45868 Cimarron Road
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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 |
|---|---|---|---|
| Aug 13, 2020 | Sold | ||
| Sold | |||
| Jul 6, 2020 | Listed by HomeSmart | $307,000 | |
| Listed by HomeSmart | |||
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Well kept home in a great area, close to shopping, restaurants and schools, just miles from festival grounds. This home features an abundance of upgrades including newer top of the line plumbing fixtures, newer Lennox A/C, and newer hot water heater. A Beautiful flagstone stacked fireplace with mantle centers the living room perfectly. Huge oversized garage, with extra work space that can easily be transformed to an office, workshop or another room. Landscaped backyard with covered patio and an additional private fenced area off garage for boat, RV or work vehicles.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017