48 Archer Drive
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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 |
|---|---|---|---|
| Jan 24, 2020 | Sold | ||
| Sold | |||
| Nov 27, 2019 | In contract | - | |
| In contract | |||
| Sep 25, 2019 | Listed by Julia B Fee Sothebys Int. Rlty | $700,000 | |
| Listed by Julia B Fee Sothebys Int. Rlty | |||
| May 30, 2015 | Sold | ||
| Sold | |||
| Nov 21, 2014 | Listed by Tri-Crest Realty Inc. | $659,000 | |
| Listed by Tri-Crest Realty Inc. | |||
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Solid brick Tudor with slate roof has the best of both, old world charm and totally renovated for today's lifestyle. Entry way has new wood door that is a replica of the original. Spacious Liv/fpl & formal DR have Hrdwood fls w mahogany inlay & dental molding. EIK w custom Kingswood Cabinets w granite counters stainless steel appl butlers pantry and wine cooler and Brazilian wd floors. Large cement deck off Kitchen makes it easy for entertaining. Full Bth & BR MSTR BR on 2nd floor w 2 WIC and walk up attic. 2nd bedroom has plenty of closet space Full updated stone bath. nice size walk out basement can be finished with laundry room and garage ,additional updates: new windows, front door central air on 1st fl. surround sound. Additional Information: HeatingFuel:Oil Below Ground,ParkingFeatures:1 Car Attached,
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017