6735 Tournament 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 |
|---|---|---|---|
| Jan 18, 2024 | Sold | ||
| Sold | |||
| Dec 20, 2023 | In contract | - | |
| In contract | |||
| Oct 26, 2023 | Listed by Better Homes and Gardens Real Estate Gary Greene - | $285,000 | |
| Listed by Better Homes and Gardens Real Estate Gary Greene - | |||
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Large patio home, located less than 1 mile from the renowned Champions Golf Club, has all the space you need! Situated in a quiet, serene neighborhood, this home features a lovely side entry through a wrought iron gate and side yard, and has private, convenient alley garage access. Upon entering this home, freshly painted and ready for your belongings, there is an expansive living area with gas log fireplace. The living area opens to a spacious kitchen and large dining area with high ceilings and skylights. The laundry room is conveniently located between the kitchen and garage, and has extra built-ins for abundant storage. The other side of the first floor boasts an enormous primary suite with a newly updated primary bath, a half bath, and a large storage closet. Upstairs you will find an open and welcoming game room, study, or flex space, plus two large secondary bedrooms with a shared bath. See attached list of upgrades and updates! Easy access to 249.
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Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017