4951 Embassy Way #39
About This Property
This home has an attached oversized two car garage and is located in a small gated community with pool, spa, and picnic area.
The condo sits above the garage, and while there are stairs, with exception of a large storage closet and the garage, all living area is on one floor.
There is a separate dining area adjacent to the kitchen and living room, with an attached deck accessible via sliding glass doors. There is a gas fire place in the living room, two large bedrooms, a walk-in closet in the master, and extra storage in the bathroom. New carpet, laminate wood flooring, blinds have been newly installed; refreshed and ready for someone to call home! Also has central heating and air!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Feb 7, 2018 | Sold | ||
| Sold | |||
| Jan 11, 2018 | Listed by ReMax Tiffany Real Estate | $359,900 | |
| Listed by ReMax Tiffany Real Estate | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/11/2018
|
2 Bed
|
1 Bath
|
898 ft²
|
$359,900
2 Bed
1 Bath
898 ft²
|
$370,000
+2.81%
02/07/2018
|
Delight Sittman
ReMax Tiffany Real Estate
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017