48249 London Bridge Place
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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 28, 2019 | No longer available | - | |
| No longer available | |||
| Feb 20, 2019 | Listed | $474,500 | |
| Listed | |||
| | |||
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Highly upgraded and remodeled great room plan (Plan 3) more upgrades and associated value than all Bridge listings. Kitchen remodel includes built-in 42 inch Sub-Zero refrigerator, built-in wine refrigerator and cabinetry modifications with reeded glass and matching pantry. Remodeled great room includes reclaimed wood paneling and lighting upgrades. Bathrooms remodeled to mirror quality of home's upgrades and master bath includes jetted soaking tub. Exterior south views with pool size lot and single adjacency for added privacy. Insulated/air-conditioned garage and whole house water filtration system The manager has listed the unit size as 2764 square feet.
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| Apr 8, 2016 | Sold | ||
| Sold | |||
| Feb 2, 2016 | Listed by Caliber Real Estate Group | $469,500 | |
| Listed by Caliber Real Estate Group | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017