53 Midway Dr
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 11, 2019 | Sold | ||
| Sold | |||
| Aug 13, 2018 | No longer available | - | |
| No longer available | |||
| Jun 14, 2018 | Price Decreased |
$349,800
↓ $10K
(2.8%) | |
| Price Decreased | |||
| Jun 7, 2018 | Price Increased |
$359,800
↑ $10K
(2.9%) | |
| Price Increased | |||
| May 15, 2018 | Listed | $349,800 | |
| Listed | |||
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Wow! Stunning ranch with all the bells and whistles. If you desire a ranch in move in condition w/ new furnace and central air conditioning this is it! Nice level lot with private patio and deck. All wood floors as well as state of the art tile and marble bathrooms w/ walk in showers. The kitchen and appliances are all new with gas stove and granite counter tops. High efficiency dual zone heat system with nest thermostat and new 200 amp. service. New Andersen windows and slider. Hardwood and tile throughout. Formal dining room plus convenient laundry room. There is an 8 zone irrigation system, storage shed and lovely professional landscaping. Lower level was recently finished off w/ heat and AC.,rooms for home office & recreation. The second bathroom is in L.L. Act fast! The manager has listed the unit size as 1248 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017