480 West Drive
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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 |
|---|---|---|---|
| Apr 24, 2023 | Sold | ||
| Sold | |||
| Feb 1, 2023 | Listed by True Homes Inc | $499,000 | |
| Listed by True Homes Inc | |||
| Mar 21, 2018 | Sold | ||
| Sold | |||
| Feb 2, 2018 | Listed by Charles Rutenberg Realty Inc | $199,900 | |
| Listed by Charles Rutenberg Realty Inc | |||
| | |||
|
Large 4 Bedroom, 2 Bath Cape With Nice Yard, Close To The Water.
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| Jul 30, 2017 | Listed | $230,000 | |
| Listed | |||
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Short Sale- Lovely Renovated Cape With 4 Bdrms & 2 Full Baths, Granite Kitchen, Built In Microwave, Wood Floors, Spacious Home On Quiet Street, Larger Than It Appears, Rear Wood Deck, Close To Water
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Data Source: OneKey MLS
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Address: 335 Madison Avenue, New York, NY 10017