650 Electra Drive
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 |
|---|---|---|---|
| Jul 20, 2021 | Sold | ||
| Sold | |||
| Jun 3, 2021 | Listed by Meadows Property Group | $785,000 | |
| Listed by Meadows Property Group | |||
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Light and bright charming one story home on an oversized (12,350 sq. ft!) corner lot-walking distance to Rummel Creek Elem. Kitchen is open to the family room and has a center island for prep work, double ovens, gas cooktop, abundant counter space & cabinetry. Primary bedroom has 2 closets and ensuite bath with 2 vanities. Guest bath features double sinks and charming claw foot tub. Updates include tankless water heater and low-e windows. Half bath added with easy access to poolside entertaining. Backyard is a showstopper! Large patio, lots of green space and beautiful pool/huge spa are set back on the lot. Newer pool heater! Home is walking distance to City Centre. Zoned to Rummel Creek/Memorial Middle/Stratford.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017