55 Read Drive
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 |
|---|---|---|---|
| Oct 12, 2024 | Price Decreased |
$675,000
↓ $50K
(6.9%) | |
| Price Decreased | |||
| Oct 11, 2024 | Sold | ||
| Sold | |||
| Sep 3, 2024 | In contract | - | |
| In contract | |||
| Sep 3, 2024 | Price Increased |
$725,000
↑ $50K
(7.4%) | |
| Price Increased | |||
| Aug 21, 2024 | Listed by Keller Williams Elite | $675,000 | |
| Listed by Keller Williams Elite | |||
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Spacious, lovingly maintained 5 bedroom home privately sited on a gorgeous oversized tree-framed lot in a charming established neighborhood near Hanover Center, Hanover's great schools and within minutes of major shopping and easy access to the highway. This spacious home is THE perfect property to begin your next chapter enjoying both indoor and outdoor life. Large open floor plan is graced by gorgeous hardwood floors and ceramic tile throughout with no carpeting. Fireplaces in each of two family rooms along with a large updated kitchen with stainless steel appliances. Five bedrooms and Several flexible options for remote work spaces. Enjoy the breezes in the 3-Season Sunroom or relax outside overlooking the private large level yard from your trex deck. Two Car Attached Garage makes it easy to unload groceries while staying dry! Natural Gas for Heat, Hot Water and Cooking. Newer Windows, Navien tankless hotwater heating and septic. Seller will negotiate offers between $675k & $725k.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017