508 N Ash Terrace
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 |
|---|---|---|---|
| May 24, 2021 | Sold | ||
| Sold | |||
| Apr 3, 2021 | Listed by Anne Land Real Estate | $117,000 | |
| Listed by Anne Land Real Estate | |||
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Home is full of charm with the open concept living, dining and kitchen area. The kitchen has numerous cabinets with breakfast bar while the dining area includes builtin china cabinets. Affordable living with 3 split bedrooms and 2 full baths, fenced in back yard for privacy along with room for your pets to roam. I almost forgot, there is a shop with electricity and side storage for the lawnmower and other yard equipment. Large covered carport keeps your vehicles safe. Close to major highways and would make a good rental investment.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017