487 Pond Street
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 |
|---|---|---|---|
| Dec 6, 2024 | Sold | ||
| Sold | |||
| Nov 5, 2024 | In contract | - | |
| In contract | |||
| Oct 30, 2024 | Listed by Keller Williams Elite | $589,900 | |
| Listed by Keller Williams Elite | |||
| | |||
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As part of this beautifully renovated (in 2016) 3-bedroom, 2-bath cape, you will enjoy the updated roof, siding, windows, gas heat, and central AC. The inviting open floor plan features a modern kitchen with granite countertops and stainless steel appliances, seamlessly connecting to a dining room and a cozy family room with hardwood flooring and fireplace. The first floor includes a full bath with a shower and a 3rd bedroom or optional playroom while two spacious bedrooms and an additional full bath with a double vanity and tub are located on the second floor. The deck overlooks a level backyard, new walkway and is conveniently located close to Kennedy School, and various shopping and major routes. Offer deadline 11/4 at 12pm.
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| Feb 24, 2017 | Sold | ||
| Sold | |||
| Nov 28, 2016 | Listed by Keller Williams Elite | $359,900 | |
| Listed by Keller Williams Elite | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017