541 Papac Way
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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 |
|---|---|---|---|
| Oct 19, 2018 | Sold | ||
| Sold | |||
| Oct 5, 2018 | No longer available | - | |
| No longer available | |||
| Oct 3, 2018 | Relisted | $1,299,000 | |
| Relisted | |||
| Oct 2, 2018 | No longer available | - | |
| No longer available | |||
| Sep 6, 2018 | Listed | $1,299,000 | |
| Listed | |||
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Located in the desirable Allendale Gardens neighborhood, this 4 bed, 2 bath single-story home is 1,910 sq ft and located on a quaint cul-de-sac. This charmer boasts great curb appeal with a stamped colored driveway and beautiful rose bushes that line the front of the property. Once inside, you will get a taste of Italy with Tuscan style paint and gorgeous tile and hardwood floors throughout. The upgraded bathrooms boast granite countertops and beautifully tiled shower. Other features include a newer roof and solar panels for lower utilities. Relax in the serene backyard with family and friends and enjoy the pool and covered patio on a warm summer day.This home is only a few miles from freeways, the Apple spaceship campus, Santana Row, and Valley Fair. Dont miss this one! The manager has listed the unit size as 1910 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017