48640 Cascade Street
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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%.
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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 |
|---|---|---|---|
| Apr 29, 2021 | Sold | ||
| Sold | |||
| Apr 6, 2021 | Listed by Desert Sands Realty | $1,250,000 | |
| Listed by Desert Sands Realty | |||
| Jul 15, 2016 | Sold | ||
| Sold | |||
| Dec 11, 2015 | Listed by Bennion Deville Homes | $575,000 | |
| Listed by Bennion Deville Homes | |||
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This 3BD/BA architectural beauty features two Bedroom suites, optional den/office, private gated courtyard leading to a Rotunda entry. The home offers loads of upgrades throughout, including surround sound, wired for ceiling fixtures/fans, Granite Slab Island/Counters, 5 burner stove-top w/GROTTO, wet Bar with storage, walk-in pantry, formal dining room, with built-in custom wall niches, open floor plan, and raised fireplace. The master bedroom suite comes complete with backyard colorful views, Oval Soaking tub,/w separate shower, Dual Vanities and Hugh Walk-in closet. The pool size back yard is waiting for your custom Pool/Spa, a perfect picture of serenity, colorful with fruit trees and low maintenance. This property is located near great restaurants, shopping and famous venues with LOW HOA, must see to appreciate, motivated Sellers.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017