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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%.
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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.
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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 |
|---|---|---|---|
| Nov 29, 2017 | Sold | ||
| Sold | |||
| Aug 29, 2017 | Listed | $440,000 | |
| Listed | |||
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Highly desired Brookhollow Community. 3 bedroom 2 1/2 baths, light bright floor plan with high sloped ceilings, cozy fireplace lots of windows, recessed lighting in kitchen, newer appliances, newer side fences, located on corner lot, great neighbors, walking distance to schools, close to everything. The manager has listed the unit size as 1350 square feet.
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| Nov 5, 2015 | Sold | ||
| Sold | |||
| Aug 22, 2015 | Listed by Allison James Estates & Homes | $379,900 | |
| Listed by Allison James Estates & Homes | |||
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Highly desired Brookhollow Community. Move in ready 3 bedroom 2 1/2 baths. Just completed painting entire interior, New flooring installed thru out first level and all bathrooms. Light bright floor plan with high sloped ceilings, cozy fireplace lots of windows, new recessed lighting in kitchen, newer appliances, new side fences, located on corner lot, great neighbors, walking distance to schools, close to everything. Seller already moved into new home eager to sell. Neighborhoods: Brook Hollow Equipment: Garage Door Opener, Range/Oven Other Fees: 0 Sewer: Sewer Connected Topography: LL
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017