61 Richards Rd
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 |
|---|---|---|---|
| Oct 25, 2012 | Sold | ||
| Sold | |||
| Apr 14, 2012 | Listed by Entryway Real Estate | $339,000 | |
| Listed by Entryway Real Estate | |||
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Wonderful three bedroom, two full bath split level home in Lovely Finn School neighborhood. Open floor plan with french doors out to screened patio. Hardwood floors throughout. Large lot perfect for garden and large family gatherings by pool. BONUS: Large 1200+ sq ft. detached, heated and insulated two car garage with separate work space and 9ft ceilings throughout. Walk to Finn School, commuter rail and close to all major routes. Recently replaced windows and siding.
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| Mar 30, 1999 | Sold | ||
| Sold | |||
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Address: 335 Madison Avenue, New York, NY 10017