604 Lilac Way
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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 |
|---|---|---|---|
| Sep 13, 2021 | Sold | ||
| Sold | |||
| Jul 21, 2021 | Listed by Platinum Partners Realtors | $389,000 | |
| Listed by Platinum Partners Realtors | |||
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Everything has been done for you. Open concept living at it's best! Perfect for entertaining. Lots of recent improvements. Beautiful hardwood floors throughout. Completely remodeled including granite counters. Every room updated in the last three years. Sliding glass door leads to your beautifully landscaped yard with gazebo and your maintenance free deck with composite decking and rails. Conveniently located across the street from Madison Meadows Park. Super location close to Prairie Path, train and highways. In highly rated school districts 44 and 88.
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| Jun 10, 2017 | Sold | ||
| Sold | |||
| May 10, 2017 | Listed by RE/MAX Action | $269,900 | |
| Listed by RE/MAX Action | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017