644 Route 312
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 |
|---|---|---|---|
| Feb 9, 2024 | Sold | ||
| Sold | |||
| Aug 17, 2023 | Listed by Houlihan Lawrence Inc. | $499,500 | |
| Listed by Houlihan Lawrence Inc. | |||
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Welcome to the convenience & ease of living at 644 Route 312! This lovely raised ranch has hardwood floors on the upper level, a formal dining room and a living room with wood burning fireplace. Spacious eat-in-kitchen has plenty of counter space, cabinets plus a pantry. The primary bedroom has its own private full bath with a shower stall. Two additional bedrooms are large and share a full hall bath with a shower/tub combination. The lower level has a great family room, a wood burning fireplace with a raised hearth, plus a home office/den, game room and wet bar. There is tons of storage space plus a washer and dryer hookup on the lower level. The large private back deck runs the length of the house making for great outdoor entertaining space. Best of all the house is just minutes from the schools, shopping, restaurants, Southeast train station and major highways Routes 84/684/22.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017