59 Ferncliff 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 |
|---|---|---|---|
| Jul 30, 2024 | Sold | ||
| Sold | |||
| Jun 28, 2024 | In contract | - | |
| In contract | |||
| Jun 17, 2024 | Listed by Executive Real Estate, Inc. | $249,900 | |
| Listed by Executive Real Estate, Inc. | |||
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Sprint towards this charming and well-maintained ranch-style residence nestled in the heart of the desirable Sixteen Acres neighborhood! Proudly held by a single family for over two decades, this inviting home boasts four generous bedrooms equipped with abundant closet space, the perfect sized kitchen blending seamlessly with a dining area, and a spacious backyard accompanied by an enclosed porch for serenity and relaxation. Also, an attached one-car garage and a partially finished basement primed for entertainment and fun. Lastly, the wrap around driveway gives plenty of space! Offered at an enticing price, seize the opportunity to transform this property into your personal sanctuary while enjoying the peaceful community of Sixteen Acres. With convenient proximity to shopping plazas, esteemed restaurants, a gold course, and educational institutions, this residence epitomizes the allure of suburban living at a great price.
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| Dec 23, 1999 | Sold | ||
| Sold | |||
| Oct 14, 1999 | Listed by Executive Real Estate, Inc. | $84,900 | |
| Listed by Executive Real Estate, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017