4828 Ballerina 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 |
|---|---|---|---|
| Jul 3, 2025 | Sold | ||
| Sold | |||
| Jun 19, 2025 | In contract | - | |
| In contract | |||
| Jun 9, 2025 | Listed by Home Pros Real Estate Group | $400,000 | |
| Listed by Home Pros Real Estate Group | |||
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A beautifully remodeled, single-story ranch-style home, offering both charm and modern functionality. This spacious residence boasts four well-appointed bedrooms and two stylish bathrooms, thoughtfully updated with contemporary finishes. The heart of the home is its open-concept kitchen, seamlessly flowing into the living and dining areas. Designed for effortless entertaining, the kitchen features sleek countertops, modern cabinetry, and stainless steel appliances, all illuminated by recessed lighting and natural light streaming through large windows. A generous island or breakfast bar invites conversation while cooking. The living space is warm and inviting, with elegant flooring, a cozy fireplace, and neutral tones that complement any décor. Home is selling AS IS, seller will NOT do any repairs. AC unit does NOT work. All kitchen appliances convey as well as the refrigerator. Easement on property
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| Jul 28, 2020 | Sold | ||
| Sold | |||
| May 29, 2020 | Listed by ERA Sellers & Buyers Real Esta | $349,900 | |
| Listed by ERA Sellers & Buyers Real Esta | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017