532 Branding Iron Way
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 |
|---|---|---|---|
| Aug 8, 2019 | Sold | ||
| Sold | |||
| Mar 31, 2019 | Listed by Keller Williams Realty | $726,000 | |
| Listed by Keller Williams Realty | |||
| Mar 24, 2019 | No longer available | - | |
| No longer available | |||
| Feb 17, 2019 | Price Decreased |
$759,999
↓ $5K
(0.7%) | |
| Price Decreased | |||
| Jan 21, 2019 | Listed | $765,000 | |
| Listed | |||
| | |||
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Entertainers delight with mountain views! Gorgeous 4 bed, 2.5 bath, 3 car garage on large lot. Beautiful hardwood flooring in kitchen, family room & formal living/dining area, ceiling fans in most rooms & plantation shutters in all but kitchen. Granite countertops/backsplash in kitchen, gas stove, microwave, can lights & walk-in pantry. Open family room has gas/wood fireplace, decorative directional lighting with dimmers & surround sound speakers. French doors in master open to backyard. Master bath has separate tub & shower, dual sinks, granite countertops, walk-in closet with mirrored doors. Built-in desks in kitchen and hallway. 1 BR has mirrored closet doors. Guest BR has French doors that open to gated front porch. Laundry room has deep-sink, cabinets, counter space. Front & back yards beautifully landscaped with auto-sprinklers. Exterior features include RV parking with 30 amp hookup & RV dump station in front of home, large Alumawood rear patio cover with two ceiling fans/lights & TV, large concrete fountain, stainless steel built-in gas BBQ, new palapa, stained concrete, custom fire pit, custom shed with lots of storage, mature avocado & fruit trees, beautiful low voltage lighting, step lights & string accent lights. Alarm system, exterior cameras & motion lights, flag pole, 2 new energy efficient AC & heating units & upgraded ductwork. New Halo 5 water filter system and tankless water heater! Custom Ornamental Iron fencing & gates. Appraised at $775,000. No HOA! The manager has listed the unit size as 2480 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017