518 RICHARDS Street
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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 17, 2024 | Sold | ||
| Sold | |||
| Apr 18, 2024 | Listed by Keller Williams Inspire - Geneva | $359,900 | |
| Listed by Keller Williams Inspire - Geneva | |||
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Nestled amidst a serene neighborhood, this charming bungalow embodies the epitome of cozy living with its inviting facade and modern amenities. Entering through the front door, you're greeted by an airy ambiance in the sunroom that seamlessly leads you into the living room featuring a brick surround fireplace. The heart of the home, the kitchen, stands as a testament to both style and functionality. Recently updated with granite countertops, and stainless steel appliances, it beckons culinary enthusiasts to unleash their creativity. An eating area offers a space for casual dining, while the adjacent dining area offers a cozy spot for family gatherings and intimate dinners. The main floor also hosts two well-appointed bedrooms, each offering a peaceful retreat for rest and relaxation plus a full bath. The finished basement, offers a versatile space with a family room + home office or 3rd bedroom, full bath & laundry room. Stepping into the backyard you are greeted with a sense of tranquility, offering a welcoming embrace surrounded by nature. With its harmonious blend of modern updates and timeless charm, this bungalow presents a rare opportunity to embrace a lifestyle of comfort, convenience, and sophistication. Whether seeking solace in its serene interiors or entertaining guests in its welcoming spaces, this home offers the perfect sanctuary for modern living.
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| May 18, 2007 | Sold | ||
| Sold | |||
| Jan 15, 2007 | Listed by Keller Williams Fox Valley Realty | $269,500 | |
| Listed by Keller Williams Fox Valley Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017