48 Heather 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 |
|---|---|---|---|
| Feb 11, 2025 | Sold | ||
| Sold | |||
| Nov 15, 2024 | In contract | - | |
| In contract | |||
| Nov 2, 2024 | Listed by RE/MAX Vision | $538,500 | |
| Listed by RE/MAX Vision | |||
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Contemporary style ranch featuring an open floor plan, perfect for entertaining and comfortable living. One step down to the living room accented with a brick fireplace is perfect for the upcoming winter months. The formal dining room with a hardwood floor and a wall of windows is filled with natural sun light. A step saving kitchen with a center island provides ideal cooking space and flow with a pantry closet adding to the storage space. Sliding glass doors open to the large rear deck and overlooks the private wooded yard. This split bedroom floor plan provides privacy for the primary bedroom and bath. The other two bedrooms are located on the other side of this home with access to a guest bath featuring a whirlpool tub. The finished lower level with a walk out offers a family room, 9' x 7' walk in closet, and a second laundry room while the primary hook ups are in the kitchen. Oversized garage, 1.52 acres abutting DCR land, all in a neighborhood location.
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| Aug 25, 2006 | Sold | ||
| Sold | |||
| Apr 26, 2006 | Listed by RE/MAX Vision | $369,900 | |
| Listed by RE/MAX Vision | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017