51 Edgehill Drive
About This Property
Converted to Gas Heat 2022, Kitchen renovated 2020, new hardwood floors 2020, sunroom addition 2010, electric update to 220 in 2010, Central Air installed 2021, Deck updated in 2021, Laundry now on 1st floor or basement floor, retaining wall installed in 2022, Driveway redone in 2022 Additional Information: ParkingFeatures:1 Car Attached,
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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 |
|---|---|---|---|
| Jun 5, 2023 | In contract | - | |
| In contract | |||
| May 31, 2023 | Listed by K. Fortuna Realty, Inc. | $480,000 | |
| Listed by K. Fortuna Realty, Inc. | |||
| Dec 9, 2019 | Sold | ||
| Sold | |||
| Dec 6, 2019 | In contract | - | |
| In contract | |||
| Aug 7, 2019 | Listed by Century 21 Alliance Rlty Group | $305,000 | |
| Listed by Century 21 Alliance Rlty Group | |||
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About Myers Corner
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Data Source: OneKey MLS
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Address: 335 Madison Avenue, New York, NY 10017