508 Hoover Road
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 |
|---|---|---|---|
| Oct 25, 2024 | Sold | ||
| Sold | |||
| Sep 17, 2024 | In contract | - | |
| In contract | |||
| Sep 4, 2024 | Price Decreased |
$434,900
↓ $4K
(0.9%) | |
| Price Decreased | |||
| Jul 30, 2024 | Price Decreased |
$439,000
↓ $11K
(2.4%) | |
| Price Decreased | |||
| Jul 12, 2024 | Listed by COLDWELL BANKER BEN BATES INC | $449,900 | |
| Listed by COLDWELL BANKER BEN BATES INC | |||
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Awesome country pool home! This newly updated 4 bedroom 2 bath concrete block home is located on 5.2+/- acres and has a beautiful in-ground pool. Pull into the private driveway and you'll notice the great open space and plenty of room for recreation and animals. The home has an open floor plan with a large living/dining room and separate family room with fireplace. The large kitchen has all wood cabinets, new stainless appliances, quartz countertops, and a nice pantry. The primary bedroom features a beautifully updated en suite bath with dual sinks and soaker tub. The three additional bedrooms share an all new hall bath. Outside you'll find a covered and screened porch, attached 2 car garage, a metal roof, and the refreshing pool. Freshly painted inside and out, luxury vinyl plank flooring throughout, a fully fenced perimeter & Ag zoning are just a few of the features you'll appreciate. Seller will consider offers with concession for buyer closing costs/rate buydown.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017