4828 Nelson Hill Road
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 17, 2020 | Sold | ||
| Sold | |||
| May 19, 2020 | Listed by Jim Campbell Real Estate | $123,400 | |
| Listed by Jim Campbell Real Estate | |||
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Affordable, move in ready, and close to town! This 2 bedroom ranch home on 2+ acres is the perfect starter or retirement home. Low maintenance, one level living. Walk into a spacious mudroom/office to the very open and bright living room over looking a private backyard. The kitchen features a huge pantry and newer appliances. One bedroom and a full bath complete the main level. Downstairs is a second bedroom, 1/2 bath, laundry and an unfinished space that could easily be finished for a second family room. The shingle roof was replaced in 2016, recently painted and completely move in ready. Own a home for less than you're paying in rent.
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| Sep 21, 2016 | Sold | ||
| Sold | |||
| Jul 19, 2016 | Listed by Big Bear Real Estate | $109,000 | |
| Listed by Big Bear Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017