56 Monadnock Avenue
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 |
|---|---|---|---|
| Sep 20, 2019 | Sold | ||
| Sold | |||
| Aug 6, 2019 | Listed by Keller Williams Realty-Merrimack | $389,900 | |
| Listed by Keller Williams Realty-Merrimack | |||
| Nov 21, 2017 | Sold | ||
| Sold | |||
| Sep 29, 2017 | Listed by Keller Williams Realty-Merrimack | $379,000 | |
| Listed by Keller Williams Realty-Merrimack | |||
| Oct 28, 2009 | Listed | $324,900 | |
| Listed | |||
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Meticulously maintained 3 bdrm, 1.5 bath Colonial home in upper Highlands. Lg front porch, foyer, period details/updated fixtures. Large eat-in kitchen and galley cooking area, large formal living/dining room with original hardwood floor, heated bonus room w/sliding glass doors to mature lush grounds. 3 bdrm on 2nd floor, poss 4th bdrm/office. 3rd story w/potential for MBR suite. Partial finished basement for exercise/media. Central air, 2 car garage. Charm with modern updates.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017