556 KAY Road
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 |
|---|---|---|---|
| Dec 5, 2024 | Sold | ||
| Sold | |||
| Oct 16, 2024 | In contract | - | |
| In contract | |||
| Oct 3, 2024 | Listed by LANTERN REALTY, LLC. | $239,500 | |
| Listed by LANTERN REALTY, LLC. | |||
| | |||
|
Come enjoy this brand new home setup on just over an acre of land!!!! This gorgeous 3/2 with a large office space will not disappoint. Kitchen is large and has black appliances. Since this is a new home, you can relax and enjoy many maintenance free years. Plenty of room to build a garage, workshop, and have room to park all the toys. Located on a dead end street, you don't have to worry about traffic.
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| Oct 2, 2024 | No longer available | - | |
| No longer available | |||
| Sep 27, 2024 | Price Decreased |
$239,800
↓ $6K
(2.4%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017