51 Saint Michaels Drive
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 |
|---|---|---|---|
| Apr 26, 2024 | Sold | ||
| Sold | |||
| Mar 28, 2024 | Listed by Coldwell Banker Realty | $49,900 | |
| Listed by Coldwell Banker Realty | |||
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So Bright and Inviting! 3 Bedroom 2 Full Bath Doublewide. Well maintained ramp to enter the home. Separate breakfast area and dining room off of the kitchen. Dining room has built in buffet and custom wall cabinets. Master Bedroom has a large master bath with a beautiful garden tub and separate shower. Refrigerator, stove and shed included! Located in Tri Star Estates which offers a convenient location and amenities including: Club house, pool, playgrounds, fitness center, banquet room and basketball courts.
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| Dec 2, 2022 | Sold | ||
| Sold | |||
| Oct 27, 2022 | Listed by CRIS Realty | $54,900 | |
| Listed by CRIS Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017