57 Ballantine 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 6, 2019 | Sold | ||
| Sold | |||
| Aug 19, 2019 | Listed by Prime Time Real Estate Inc. | $599,000 | |
| Listed by Prime Time Real Estate Inc. | |||
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Gorgeous '' Oak Hill'' neighborhood, move in ready, open layout, renovated in 2012 including roof and windows. Featuring hardwood floors throughout, kitchen with lots of solid wood cabinetry, granite, and stainless appliances. Custom tile work in the baths! Master featuring walk-in closet with custom shelving and full bath. Deck with retractable awning. Solar on rear of house, not visible from the street, generates profit every month, no electric bill! New AC in 2017. New water heater in 2018. Two wood burning fireplaces, one featuring custom built ins. Large media room and office or bedroom on bottom floor, rear entry two car garage and more! Middletown South High School. Close to NYC Ferry, Train & Garden State Parkway.
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| Dec 1, 2012 | Sold | ||
| Sold | |||
| Aug 6, 2012 | Listed by RE/MAX The Real Estate Leaders | $549,000 | |
| Listed by RE/MAX The Real Estate Leaders | |||
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Desirable ''Oak Hill'', Newly Renovated by Quality Builder. Featuring Hardwood Floors Throughout, New Eat in Kitchen with Solid Wood Cabinetry, Granite, Stainless Appliances, All Three Baths New with Custom Tile Work! Master featuring walk in closet and full bath. All new windows, doors, cedar impression siding, Timberline Roof and Deck. Two Woodburning Fireplaces, Finished Basement, Two Car Garage. Middletown South High School. Close to NYC Ferry, Train & Garden State Parkway. See Photo Gallery.
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| Jun 14, 2012 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017