48 Macdonald Cir
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 1, 2023 | No longer available | - | |
| No longer available | |||
| Jul 10, 2023 | Price Decreased |
$599,900
↓ $10K
(1.6%) | |
| Price Decreased | |||
| Jun 6, 2023 | Price Decreased |
$609,900
↓ $10K
(1.6%) | |
| Price Decreased | |||
| May 8, 2023 | Price Decreased |
$620,000
↓ $10K
(1.6%) | |
| Price Decreased | |||
| Apr 20, 2023 | Listed by Ervin Properties | $629,900 | |
| Listed by Ervin Properties | |||
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The ideal functional floor plan concept features a warm, welcoming interior which is flooded with light and incorporates large entertainment spaces and dual-pane windows. Whip up gourmet meals in this ultra-modern recently updated kitchen, outfitted with upgraded countertops and a glass tile backsplash. Accented with sleek materials, the bathroom was recently modernized and includes a walk-in shower. You'll enjoy being in the professionally landscaped backyard which boasts patio dining space, beautifully manicured lawn and well-established trees. Lots of space for gatherings and outdoor entertaining. Nestled in a relaxed Walpole neighborhood. The expansive affords spacious privacy. Right up the street from walking and biking trails, nature, restaurants, supermarkets, cafes, local shops and mixed-use shopping and dining areas. You have all the amenities you would like less than a mile from home. Sale Contingent on seller finding suitable housing.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017