588 Joshua Drive
About This Property
THIS 3 BEDROOM 2 BATH SPLIT FOYER HOME HAS TONS OF SPACE AND UPDATES. CUSTOM BUILT ISLAND ADDED AS WELL AS LARGE PANTRY CABINET. NEW LUXURY VINYL PLANK FLOORING 2021, HVAC NEW IN 2017 WITH NEW DUCTWORK AND ADDITIONAL VENTING ADDED TO PARTIALLY FINISHED BASEMENT AS WELL AS ELECTRIC ADDED TO THIS AREA. NEW ROOF IN 2023. UTILITY SINK ADDED 2024. THIS PARTIALLY FINISHED BASEMENT IS USED AS A 4TH BEDROOM AND 2ND LIVING ROOM AREA WITH THE WASHER/DRYER HOOKUPS. THIS AREA IS JUST OFF THE 2 CAR GARAGE. FRAMING AND SOME DRYWALL DONE ADDING APPROXIMATELY AN ADDITIONAL 700 SQ FT OF LIVING SPACE. PLENTY OF STORAGE IN THE GARAGE.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Aug 9, 2024 | Sold | ||
| Sold | |||
| May 23, 2024 | Listed by Prime Mountain Properties | $289,900 | |
| Listed by Prime Mountain Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017