52335 Michelle 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 |
|---|---|---|---|
| Jan 14, 2025 | Sold | ||
| Sold | |||
| Dec 11, 2024 | Listed by Dombroski Realty | $439,000 | |
| Listed by Dombroski Realty | |||
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Welcome to your next open floor plan single dwelling residence, featuring 4 bedrooms, 2 baths and a 2 car garage. This home has been well kept, some furniture can be included as part of the sale and home can operate as an AirBnB if needed. New owners can enjoy entertainment in the open kitchen, perfect for holiday parties. Spacious front and back yards, with a newly built storage unit in the back yard. This property is located in the Rancho Cielo Community, enjoy zero HOA fees! Property won't last.
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| Jun 1, 2017 | Sold | ||
| Sold | |||
| Apr 14, 2017 | Listed by RE/MAX Consultants | $229,900 | |
| Listed by RE/MAX Consultants | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017