4976 Windmill Lane
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 |
|---|---|---|---|
| Feb 28, 2023 | Sold | ||
| Sold | |||
| Nov 18, 2022 | Listed by Keller Knapp | $175,000 | |
| Listed by Keller Knapp | |||
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INVESTORS, CONTRACTORS, CASH BUYERS, LANDLORDS, or anyone looking for a project with HUGE equity-potential - come get this. Interesting strategy here. Seller purposely chose to list LESS than market value since it has been on the market for a bit and seller wants it SOLD. This house will sell IN THE WEEK to the strongest offer! You've got a head start on your rehab with a new HVAC, electrical update, plumbing update, termite remediation, bottom floor bathroom update, solid foundation and structure. The rest of it all needs to be done. AMAZING opportunity. Excellent lot & location. HUGE potential yard as well with some clearing. Will be an outstanding house!
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| Nov 8, 2022 | Sold | ||
| Sold | |||
| Nov 13, 2000 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017