62 NEWLAND Court
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 |
|---|---|---|---|
| Jan 27, 2025 | Sold | ||
| Sold | |||
| Jan 7, 2025 | In contract | - | |
| In contract | |||
| Jan 2, 2025 | Price Decreased |
$418,000
↓ $7K
(1.7%) | |
| Price Decreased | |||
| Nov 10, 2024 | Price Decreased |
$425,000
↓ $10K
(2.3%) | |
| Price Decreased | |||
| Oct 1, 2024 | Listed by WATSON REALTY CORP | $435,000 | |
| Listed by WATSON REALTY CORP | |||
| | |||
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New Price! Motivated Seller! Fall in love with this immaculately maintained 3 bedroom, 2 bath home located in the desirable neighborhood of Meadow Ridge, with No CDD fee! Beautiful kitchen with Woodsman cabinets, quartz counters, large kitchen island, tiled backsplash, walk-in pantry, and upgraded appliances. Spacious eat-in area which opens to a large family room. Generously sized primary bedroom/bathroom which offers 2 walk-in closets, linen closet and custom shower. Updated ceiling fans and lighting create comfort and ambiance throughout the house. This move-in ready home has tile in the main living areas and carpeted bedrooms. Laundry room with newer washer and gas dryer included! Home utilizes many Smart features including 9 google nest cameras all around the home including a doorbell camera. Relax on your screened-in back porch and enjoy a view of the fully fenced in backyard with flowering bushes, palm trees and fruit trees! Pavers extend out making barbeques and entertaining a breeze as well as extending down the sides of the house making it easy to access the gates. This home features additional upgrades like gutters and a water softener. The welcoming front porch area looks out over low maintenance and eco-friendly landscaping and cul-de-sac. All porch furniture (front & back) is included in the sale with an excepted offer. Enjoy all the Meadow Ridge amenities, community pool with clubhouse, playground, & dog park.
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Property Highlights
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About St. Johns
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017