485 Delano Rd
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 16, 2020 | Sold | ||
| Sold | |||
| Mar 4, 2020 | Listed by Home Harmony Realty | $589,900 | |
| Listed by Home Harmony Realty | |||
| Sep 7, 2016 | Sold | ||
| Sold | |||
| Jun 25, 2016 | Listed by Home Harmony Realty | $629,000 | |
| Listed by Home Harmony Realty | |||
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Best resort at home on the market in Marion! This custom contemporary Cape is built for a crowd and a party! Open concept living room with massive stone fireplace and gourmet kitchen flanked by a formal dining room creates the perfect blend of traditional and modern feel. This heart of the home offers plenty of room for family and guests to gather and opens directly to the outside decks, pool, cabana and private fenced yard. The flow in and out is spot on for the active lifestyle and casual entertaining so many look for in today's home! The first floor master with luxurious bath and adjacent home office finish the main level. The second level of bedrooms, bath and large playroom (or additional bedroom) are great for family and hobbyists. The lower level "man's cave" sports a media center, pool room, bar and exercise room. Storage at all levels and a fabulous garage / mudroom with laundry make this an efficient, comfortable home that works well for so much living!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017