4910 Highway 73
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 |
|---|---|---|---|
| Jun 27, 2024 | Sold | ||
| Sold | |||
| Jun 11, 2024 | In contract | - | |
| In contract | |||
| May 30, 2024 | Listed by Madison & Company Properties | $1,125,000 | |
| Listed by Madison & Company Properties | |||
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Charming enclave of 3 dwellings in a highly desirable location within a short walking distance to downtown Evergreen and Evergreen Lake. There is a lot of potential here and these well cared for properties have been consistently rented out. Situated on a grassy 1.5 acres with a year-round stream running through it, this property includes a main house, cottage, and garage/studio apartment, in addition to a large storage shed. The main house is a 2 bdrm/2 bath home with hardwood flooring, spacious kitchen and sunny breakfast nook, dining room, large living room and an upstairs loft area currently used as a bedroom. The laundry is located in the basement and there is a darling wine cellar off of the kitchen. Sit on the front deck and listen to the sound of the stream! The cottage is darling with a full kitchen, bath, living/eating area, bedroom and private stone patio. The studio is attached to the garage and is a one room living/sleeping area with a galley kitchen and 3/4 bath. The cottage and studio have access to the laundry in the 2-car garage. The property is zoned R-3 and there is ample parking. High speed internet available. The possibilities are plentiful! Live in the main house and rent the rest, or rent the entire property. See more photos, 3D walk-through and floor plans at www.4910Highway73.com. Don't miss the opportunity to own this wonderful enclave in a prime location with proven income!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017