4822 Michael 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 |
|---|---|---|---|
| Feb 3, 2023 | Sold | ||
| Sold | |||
| Oct 1, 2022 | Listed by eXp Realty, LLC | $204,000 | |
| Listed by eXp Realty, LLC | |||
| May 31, 2022 | Sold | ||
| Sold | |||
| Apr 21, 2022 | Listed by RYTE Links | $162,000 | |
| Listed by RYTE Links | |||
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Recent Buyers inspection attached. Reduced price for foundation issue. *Showings are limited, Saturday May 7th, Sunday May 6th ONLY due to tenants schedule. Offers must include up to a 30 day lease back. Buyers or Agent to verify room sizes. New roof/GAF Timberline installed 4/2020, recent water heater 2021. Loved & well maintained. Charming three bedroom was updated in 2019/original refinished wood floors throughout, tile in the kitchen, bath, entrance & oversized "in home" laundry room. Clean, beautiful granite counters & backsplash. Four ceiling fans, recessed lighthing, 2in blinds. Attached garage with an extended driveway. Privacy trees in front/both sides. Plenty of room to add a garden, pool, fruit trees, extra storage or an addition. This yard is enormous, no back neighbors. Parks, schools & shopping nearby
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| May 10, 2019 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017