48 Frontage Road
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Dec 10, 2021 | Sold | ||
| Sold | |||
| Oct 22, 2021 | Listed by M Realty | $328,000 | |
| Listed by M Realty | |||
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Don't miss out on your opportunity to have your personal touches made on the final details of this move-in ready home! No feature was spared during the remodel of this beautiful Highgate property. While this home was built in 1976, the current owners have replaced everything inside. From new floors, to appliances, to fixtures, you won't have to worry about any updates any time soon! Upstairs you will find the master suite with a stunning en-suite bathroom complete with a soaking tub, standing shower, and double vanity sinks. Also on the upstairs floor you will find the gorgeous open concept living room and kitchen complete with all new appliances. Additionally, there is another full bath on this level for your guests! Downstairs provides a bedroom and oversized bonus room with their own half bath. This house is situated on a private, level lot that is almost a full acre which allows for endless outdoor activities!
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| Jan 11, 2021 | Sold | ||
| Sold | |||
| Oct 23, 2020 | Listed by RE/MAX Northern Edge Realty LLC | $87,550 | |
| Listed by RE/MAX Northern Edge Realty LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017