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56 East 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 |
|---|---|---|---|
| Feb 15, 2024 | Sold | ||
| Sold | |||
| Jul 27, 2023 | Listed | $875,000 | |
| Listed | |||
| Dec 31, 2022 | No longer available | - | |
| No longer available | |||
| Oct 6, 2022 | Listed by Keller Williams Realty Metropolitan | $875,000 | |
| Listed by Keller Williams Realty Metropolitan | |||
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Don't let the age of this home fool you; so many updates and a generous list of improvements noted below makes this home feel much newer and turnkey for your family. It offers bright and airy rooms with flow and functionality. Both entrances to the home feel very inviting and flows into the well appointed kitchen, dining area, and patio area. Beautiful ceiling heights and neutral colors in this home are evident. Floor plan has a nice flow into dining room, living room and front room currently used a a piano room. If you need a home office there's a room right off the living room. Private primary suite has a nice sitting area and a full bath with soaking tub and a laundry area with a separate stair case to main floor. The fully renovated bath services two bedrooms. On the 3rd floor the options for use are unlimited; great for company, extended stays, a great room or playroom. On the first floor is a large family room with French doors to the back yard and in-ground pool area. Also great for multi-generational living as there is a 3/4 bath nearby. Front and back staircases service the home; the spiral staircase is ornamental in nature but does go to Primary bedroom area. Several improvements include; New Anderson windows, Central AC, newer furnace, new roof, exterior painted in 2021. The basement is full, dry and great for storage. You'll enjoy the privacy of a corner lot that is level and conducive to outdoor activities with the family. The manager has listed the unit size as 3603 square feet.
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| Apr 5, 2013 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017