20
Map
6201 London DR
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 29, 2025 | Listed by Keeping it Realty | $615,000 | |
| Listed by Keeping it Realty | |||
| Jun 24, 2024 | In contract | - | |
| In contract | |||
| Jun 7, 2024 | Listed by Smart Source Realty | $375,000 | |
| Listed by Smart Source Realty | |||
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We have received multiple offers. Please submit the highest and best by 6 pm Monday 6/17/24. It is strongly suggested that a prospective Buyer submit copies of repair/renovation estimates on the contractor's letterhead to accompany their offer. This property was part of an estate and the Seller has little knowledge about the property's condition.This is a short sale - current loan balance is $422,000. The house appears to need considerable work to bring it up to the level of nearby homes that have recently sold. A new FHA appraisal will be ordered by the lender AFTER an offer has been accepted and signed by the Seller.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017