687 Biltmore 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 |
|---|---|---|---|
| Sep 13, 2021 | Sold | ||
| Sold | |||
| Jul 29, 2021 | Listed by Compass | $500,000 | |
| Listed by Compass | |||
| Apr 7, 2020 | No longer available | - | |
| No longer available | |||
| Dec 31, 2019 | No longer available | - | |
| No longer available | |||
| Dec 26, 2019 | Listed | $424,900 | |
| Listed | |||
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Buyer could not get financing. Your chance to own this stunning 4 bedroom home with 1st floor den & 1st fl. full bath. A 2-story entry welcomes you to this fabulous home. 9 ft. ceilings, hardwood flooring from entry through kitchen & family room accentuate the open floor plan. Formal dining room with butler's pantry. Family room has gas start wood-burning FP. Kitchen has 42" cabinets, granite counters, newer stainless steel appliances, island & sliding glass door opens to the deck & gazebo. You will love entertaining and relaxing out there. Stepping off the deck is a paver patio. On the south side off home is a paver walk to the front of home. The 2nd floor has spacious loft that could be converted to a fifth bedroom. The loft is open to the entry. Expansive master bedroom has walk-in closet & luxury master bath with soaking tub & separate shower. Three other bedrooms and full bath complete this level. Fin. bmt has wet bar, sitting area and 2nd family room plus storage area.Please note: Electric fireplace on wall in basement and basement refrigerator do not stay. New washer 9/19. The manager has listed the unit size as 3600 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017