64 Toronto Drive
About This Property
Second story living features hardwood flooring, eat in kitchen with bay window and oversized sliders opening to a 28'x10' deck, also with stairway access to the lower yard. A large family room with closet, 3 bedrooms, a full bath and central A/C.
The home has vinyl siding, electric baseboard heating, ATD alarm and fire. The home is electric and has been enhanced with Sun Run Solar Panels for efficiency purposes. The roof has been reinforced to facilitate the panels which have reduced to electric bill of single digits per month majority of the year.
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Cap Rate Calculator
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 26, 2020 | Sold | ||
| Sold | |||
| Feb 27, 2020 | Listed by Weichert Realtors-Brick | $469,000 | |
| Listed by Weichert Realtors-Brick | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017