48 Heather Drive
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 |
|---|---|---|---|
| Aug 23, 2016 | Sold | ||
| Sold | |||
| Jun 30, 2016 | Listed by Camber Real Estate, Inc. | $355,000 | |
| Listed by Camber Real Estate, Inc. | |||
| Aug 3, 2007 | Sold | ||
| Sold | |||
| Apr 11, 2007 | Listed by ZipRealty, Inc. | $359,000 | |
| Listed by ZipRealty, Inc. | |||
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Move right in to this newly renovated straight ranch set on a corner lot in a quiet, sought after, family neighborhood and abutting newer, more expensive homes. Cathedral ceilings with skylights in living room and bedroom. Oak kitchen with granite counters. Newly finished hardwood floors throughout. Gleaming bathrooms, finished basement, and new heating system complete this great home.
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Address: 335 Madison Avenue, New York, NY 10017