60 VARNER Way
About This Property
**Interior and exterior photos may not be the actual home and are to be used as representation of the home under construction. There may variances in home-sites, landscaping and exterior color
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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 |
|---|---|---|---|
| Feb 27, 2023 | Sold | ||
| Sold | |||
| Aug 17, 2022 | Listed | $541,980 | |
| Listed | |||
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The only two-story floorplan available at the collection, this home is host to a convenient study situated off the foyer, while the Great Room, kitchen and nook are arranged in a contemporary open-concept design. The covered lanai allows for desirable indoor-outdoor living. A loft and all four bedrooms occupy the second level. The manager has listed the unit size as 2358 square feet.
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Property Highlights
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Price/ft²
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About St. Johns
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$2,800 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017