605 Cannon Road
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 |
|---|---|---|---|
| Feb 16, 2024 | Sold | ||
| Sold | |||
| Jan 27, 2024 | In contract | - | |
| In contract | |||
| Jan 18, 2024 | Listed by Vip Realty | $265,000 | |
| Listed by Vip Realty | |||
| | |||
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This charming three-bedroom, two bath home is the perfect blend of comfort and style. Situated on a spacious, 0.5+/- acre lot, this property boasts a large, fenced-in backyard, providing ample space for outdoor activities and privacy. As you enter the home, you'll notice that the living spaces flow seamlessly, allowing for effortless entertaining and relaxing. The kitchen features granite countertops that complement the cabinetry. The bedrooms are generously sized, providing comfortable space for rest and relaxation. The two bathrooms are tastefully appointed with modern fixtures. Whether you're enjoying a morning coffee or entertaining guests in the evening, the backyard is a true retreat! Don't miss the opportunity to make this house your home. Schedule a showing today!
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| Jul 15, 2022 | No longer available | - | |
| No longer available | |||
| Jun 26, 2022 | Price Decreased |
$280,000
↓ $5K
(1.8%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017