59 Rachel Drive
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 16, 2013 | Sold | ||
| Sold | |||
| Apr 22, 2012 | Listed by Century 21 David Smith R.E. | $85,000 | |
| Listed by Century 21 David Smith R.E. | |||
| Feb 26, 2010 | Sold | ||
| Sold | |||
| Apr 16, 2009 | Listed by Conti Real Estate | $7,000 | |
| Listed by Conti Real Estate | |||
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Very motivated to sell. Well kept Park. Newer roof, stove/hood, furnace. Sturdy covered patio make this a great offering. This home shows well. Being sold "as is" in good condition with a water pipe leak. Corner lot, shed. Stone E Lea golf course is just up the street. 55+ park, aapproval required.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017