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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 8, 2021 | No longer available | - | |
| No longer available | |||
| Feb 12, 2021 | Sold | ||
| Sold | |||
| Jan 17, 2021 | In contract | - | |
| In contract | |||
| Dec 19, 2020 | Price Decreased |
$234,900
↓ $5K
(2.1%) | |
| Price Decreased | |||
| Nov 27, 2020 | Listed | $239,900 | |
| Listed | |||
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!!!MOTIVATED SELLER!!! Nicely updated three bedroom two bath two car garage in the desirable Wedgwood neighborhood all major items have been newly updated or replaced roof 30 year, Hot water heater, carrier hvac units inside and out, foundation with transferable lifetime warranty, sewer lines, garage doors, all windows, custom all wood cabinets with granite throughout, luxury vinyl plank, ceramic tile and carpet flooring, lighting, ceiling fans, doors and trim with stainless steel appliances, freshly painted inside and out. The manager has listed the unit size as 1602 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017