687 Mt Hope Road
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 31, 2023 | Sold | ||
| Sold | |||
| Dec 14, 2022 | In contract | - | |
| In contract | |||
| Dec 1, 2022 | Price Decreased |
$299,500
↓ $50K
(14.2%) | |
| Price Decreased | |||
| Nov 23, 2022 | Listed by BHG Real Estate Green Team | $349,000 | |
| Listed by BHG Real Estate Green Team | |||
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IN-GROUND HEATED POOL, PARK LIKE BACKYARD, and Enclosed Porch are just some of the features in this wonderful home. Colorful trees and bushes surround the property with a rock wall framing the back of the property. You'll enjoy warm weather meals and entertaining in the oversize enclosed porch. Features also include an updated kitchen with recessed lighting, Osmosis water system in kitchen sink, granite countertops & stainless steel appliances, hardwood floors in most rooms, central a/c with new condenser, new washer/dryer, newer windows & siding installed 2013. Great opportunity, great location, great price. Don't miss this one !
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Address: 335 Madison Avenue, New York, NY 10017