48 Azalea Circle
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 |
|---|---|---|---|
| Sep 23, 2021 | Sold | ||
| Sold | |||
| May 26, 2019 | Listed by Fafard Real Estate | $359,990 | |
| Listed by Fafard Real Estate | |||
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Buildable residential lot- an acre of land on a quiet residential street. Located off Route 129 Salem Street to Azalea Circle. Zoned S-15 for a single family residence with an attached accessory apartment if desired (special permit required on new construction). Town water, electric at street, sewer access on adjacent lot. Order of conditions available for review.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017