656 Payton Way
About This Property
& activities ensure you're never bored. Built by Horizon Homes, part of the award-winning home builder Highland Homes, this inviting property offers a bright, open floor plan with vaulted ceilings filled with natural light. This property is well insulated with a roof that's less than one year old. On the 1st floor are 2 bedrooms-one of which is an oversized primary suite. Upstairs are 3 more bedrooms as well as a massive game room with a theater. The backyard is perfect for relaxing or hosting gatherings. As one of the largest properties in the area, this home offers plenty of space to grow. Schedule your visit now for an opportunity to see it in person. Special Financing & Virtual Tour Available.
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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 |
|---|---|---|---|
| May 15, 2023 | Sold | ||
| Sold | |||
| Feb 14, 2023 | Listed by Keller Williams Realty | $425,000 | |
| Listed by Keller Williams Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017