48 Richardson St.
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 |
|---|---|---|---|
| Jul 31, 2007 | Sold | ||
| Sold | |||
| May 23, 2006 | Listed by Gravel Real Estate Associates | $229,900 | |
| Listed by Gravel Real Estate Associates | |||
| | |||
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Great home. 9 rooms,4 bedrooms,2 full baths.Hardwood floors thru-out. New Roof, New Furnace (2005) Large garage with loft. Two additional out buildings. One was used for a horse. Fenced in yard with over 1 Acre of land. 30 day closing possible.
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| Nov 5, 1993 | Sold | ||
| Sold | |||
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Address: 335 Madison Avenue, New York, NY 10017