550 Padrone Place
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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 |
|---|---|---|---|
| Sep 17, 2014 | Sold | ||
| Sold | |||
| Jun 12, 2014 | Listed by Coldwell Banker West | $650,000 | |
| Listed by Coldwell Banker West | |||
| Mar 13, 2013 | Sold | ||
| Sold | |||
| Feb 7, 2013 | Listed by YMS Realty | $575,000 | |
| Listed by YMS Realty | |||
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Traditional Sale, not an REO, absolutely beautiful Inside and Out, Huge backyard w/pool and built in BBQ, amazing spa, basketball court, granite countertops, travertine tile floors, Beautiful Chimney, High ceilings, located in a Cul-de-sac. Neighborhoods: Rancho del Rey Equipment: Garage Door Opener,Pool/Spa/Equipment Other Fees: 0 Sewer: Sewer Connected Topography: GSL,SSLP
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017