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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 |
|---|---|---|---|
| Oct 17, 2023 | Sold | ||
| Sold | |||
| Oct 15, 2023 | No longer available | - | |
| No longer available | |||
| Sep 19, 2023 | In contract | - | |
| In contract | |||
| Sep 17, 2023 | Price Decreased |
$850,000
↓ $20K
(2.3%) | |
| Price Decreased | |||
| Aug 24, 2023 | Listed by MOUNTAIN HOMES AND REAL ESTATE | $870,000 | |
| Listed by MOUNTAIN HOMES AND REAL ESTATE | |||
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WOW! A Single-Family home under $900K in the coveted Summit Cove area known for access to miles of trails, a fabulous elementary school, beautiful open spaces, and some of the best sunsets around! Enter from the large front deck and find the main living area with lots of windows to bring in views from the West and South, kitchen/dining with access to decks, a half-bath, and a primary bedroom with an ensuite full bathroom. The lower level has a rec room, two bedrooms, a full bath, laundry, and a utility/work room space with a separate entrance from the back of the home. Plenty of storage in all of the right places: every bedroom has great storage in a large closet, and a bonus extra oversized closet is off of the rec room. The huge backyard has two sheds for all your toys and gear. With a lot that is over 1/3 of an acre, there is plenty of room to expand the home or add a garage! This property is ready for you to make it your own by adding your own personal touch and TLC-- and the Seller is offering a $10,000 credit to help you get started!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017