623 Paseo Rio
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 |
|---|---|---|---|
| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
| Aug 7, 2018 | Sold | ||
| Sold | |||
| Jun 11, 2018 | Listed | $519,000 | |
| Listed | |||
| | |||
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Relax in this backyard oasis under the pergola filled with plush landscaping. With one of the largest lots in the community, enjoy great privacy from your backyard. A very short distance to Costco, I-78, Shopping, and restaurants. You also have the access to the RV/boat parking lot (extra cost). Inside boasts Soaring Ceilings, Slate Stone floor to ceiling double-sided fireplace, Solid Oak Wood/Tile Flooring, Updated Fixtures, Designer Paint, Newer A/C unit, and much more. The manager has listed the unit size as 1505 square feet.
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| May 25, 2018 | Listed by Willis Allen Real Estate | $519,000 | |
| Listed by Willis Allen Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017