502 Olive Trail
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 |
|---|---|---|---|
| Sep 10, 2021 | Sold | ||
| Sold | |||
| Jul 7, 2021 | Listed by Coldwell Banker Apex, REALTORS | $319,900 | |
| Listed by Coldwell Banker Apex, REALTORS | |||
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Immaculately cared for beauty in Trails of Chestnut Meadows! Open floorplan offers archways, ceramic tile, wood floors, carpet in bedrooms, granite, kitchen island with sink overlooking living area, vaulted ceilings, separate dining room & breakfast nook, jetted master bathtub, bay windows with sitting area in master, large bedrooms, covered patio & 8 foot board on board privacy fenced large backyard.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017