53 Hillcrest Drive
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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 |
|---|---|---|---|
| Mar 28, 2024 | Sold | ||
| Sold | |||
| Jan 23, 2024 | In contract | - | |
| In contract | |||
| Jan 19, 2024 | Listed by BHHS Hudson Valley Properties | $450,000 | |
| Listed by BHHS Hudson Valley Properties | |||
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Back on market, deal fell through. Attractive split level located on 3.29 private acres. Living room with large bay window overlooking the spacious front yard. Beautifully maintained with beautiful crown molding and hardwood floors throughout. Newer kitchen with Quartz counter tops and stainless steel appliances. Updated bathrooms. 3 spacious bedrooms , all with ceiling fans. Family room, office/den and additional space with wainscoting on the lower level. 20 x 20 cedar deck with patio off the Dining room. 18 x 33 above ground pool with new decking around. Additionally there is a 21 x 25 storage shed that can be converted into something special. Septic tank and leach fields and boiler recently replaced. Great yard to enjoy. Conveniently located.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017