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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 19, 2023 | Sold | ||
| Sold | |||
| Aug 25, 2023 | Listed | $350,000 | |
| Listed | |||
| Mar 10, 2022 | Sold | ||
| Sold | |||
| Feb 6, 2022 | Listed by Manes & Associates | $365,000 | |
| Listed by Manes & Associates | |||
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This nearly brand new home built in 2020 offers 3 bedrooms and 2 baths with a fully fenced-in backyard. You'll enjoy the gas fireplace on those cold winter nights. This beautiful home boasts granite countertops, knotty alder cabinets, hardwood floors in the kitchen, tile floors in the bathrooms, and 9-foot ceilings in the basement for future expansion. There is a walking trail that goes completely around the subdivision. You can see the playground right outside the back door. Come and see all the perks this home has to offer.
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| Apr 16, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017