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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%.
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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.
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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 |
|---|---|---|---|
| Sep 16, 2024 | Sold | ||
| Sold | |||
| Sep 11, 2024 | In contract | - | |
| In contract | |||
| Aug 9, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
| Aug 8, 2024 | Listed by HomeSmart Homes & Estates | $585,000 | |
| Listed by HomeSmart Homes & Estates | |||
| Jul 3, 2024 | Listed by Five Star Realty Group Intl | $599,900 | |
| Listed by Five Star Realty Group Intl | |||
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WOW - WHAT A BEAUTY! Stunning and only THREE YEARS young. This beautiful Bilonial home is nestled up on the hill with a long paved driveway and an amazing view in the town of Wallkill. As you enter the front door, you are welcomed by a two story foyer leading to a spacious tiled family room, a great size bedroom, a full bathroom, a laundry area and 2 car garages. The upper level is featuring an open layout from a vaulted ceiling living room to a formal dining area and with gleaming hardwood floor throughout the hallway. The kitchen has a beautiful kitchen cabinets with its own pantry, a great size island, upgraded granite countertops & stainless appliances. Then as you walk into a beautiful hallway you will find 3 great size bedrooms and 2 full tiled bathrooms - the master bedroom is spacious and bright with three windows and a walk-in closet. It's definitely a must see home and it is minutes to major highways and shopping. Call now before it's too late! Ps. The solar panels are leased for $56 a month and it has to be transferred to the new owner - You definitely save $$ on your electric bills.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017