605 Midpark 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 |
|---|---|---|---|
| Mar 14, 2025 | Sold | ||
| Sold | |||
| Feb 19, 2025 | In contract | - | |
| In contract | |||
| Feb 14, 2025 | Listed by Realty Of America, LLC | $525,000 | |
| Listed by Realty Of America, LLC | |||
| Jul 22, 2020 | Sold | ||
| Sold | |||
| Apr 27, 2020 | Listed by Competitive Edge Realty LLC | $345,900 | |
| Listed by Competitive Edge Realty LLC | |||
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This property consists of 2 separated casual and formal dining and living areas and an open kitchen concept. The kitchen has lots of storage and spacious worktops. The island doubles as a dining and work space. The property offers a dedicated laundry space and a guest bathroom. The 4 bedrooms and the open gaming room are upstairs. The master bedroom has a walk-in closet and in-suite with a standalone tub and shower. The other 3 bedrooms are spacious too. Completes this level with a full bathroom. The garden offers plenty of space for entertainment also a covered patio & sun-deck. It is within walking distance of the New Arbor Creek Elementary opening in Fall 2020!!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017