634 Tangelo Way
About This Property
• Terrific open floor with modern kitchen w/ huge center island, stainless steel appliances, recessed lighting, upgraded granite counter top opens into the great room.
• Bright and airy throughout.
• Convenient inside laundry room.
• Interior paint colors give off a warm and inviting feel.
• The master suite with roomy walk-in closet. Master bathroom has dual sinks and an oval soaking tub w/ separate shower. Spacious bedrooms with mirrored closet doors.
• Easy to maintain private back patio. Low HOA due ($118/mo).
• Nearby shopping, great parks and easy access to 91/5 FWY.
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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 |
|---|---|---|---|
| Jul 26, 2018 | Sold | ||
| Sold | |||
| Jun 8, 2018 | Listed by New Star Realty & Inv. | $649,000 | |
| Listed by New Star Realty & Inv. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017