480 Biscayne 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 |
|---|---|---|---|
| Sep 10, 2024 | Sold | ||
| Sold | |||
| Jul 30, 2024 | In contract | - | |
| In contract | |||
| Jul 24, 2024 | Listed by Keller Williams Realty Greater Rochester | $159,900 | |
| Listed by Keller Williams Realty Greater Rochester | |||
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Knock knock! An incredible opportunity awaits you at 480 Biscayne Drive in Greece! Situated perfectly in a cul de sac this charming ranch-style home in Greece offers instant equity with just a few cosmetic changes. Featuring 3 bedrooms and 1 full bath, this home is brimming with character. As you step inside, you'll be greeted by a bright and airy living room complete with a cozy fireplace that seamlessly flows into the dining/kitchen area. The spacious kitchen is equipped with plenty of cabinets for your convenience. Each bedroom boasts gleaming hardwood floors. Huge backyard ideal for hosting summer gatherings. With an attached garage, snowy winters are no hassle. Be the proud new owner of this lovely home. All offers are due by Monday 7/29 at 2 pm.
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About Monroe
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017