691 Marcello Drive
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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%.
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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 |
|---|---|---|---|
| Apr 26, 2024 | Sold | ||
| Sold | |||
| Feb 29, 2024 | Listed by Redfin Corporation | $399,900 | |
| Listed by Redfin Corporation | |||
| Apr 3, 2019 | No longer available | - | |
| No longer available | |||
| Feb 9, 2019 | No longer available | - | |
| No longer available | |||
| Jan 4, 2019 | Listed | $289,900 | |
| Listed | |||
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Better than new! Owner hates to leave! Grand 2-story foyer w/custom staircase with upgraded wrought iron spindles! Formal living room with lots of natural light leads to separate formal dining room great for entertaining! Beautiful gourmet kitchen w/breakfast bar island, extended 42" cabinetry with crown, granite countertops, SS appliances and sliding glass doors to custom deck! Spacious family room opens to the kitchen! Private 1st floor den with French doors! Master bedroom with double door entry, tray ceiling, walk-in closet and upgraded garden bath with soaker tub, separate shower and dual sink vanity! Gracious size secondary bedrooms! Convenient 2nd floor laundry! Huge basement awaits your finishing touches! Beautiful hand scraped hardwood flooring thru out 1st floor! Neutral and clean! Only two years old but better because you get the extras like landscaping, deck, blinds and upgrades that a builder would charge premium for! Close to schools! The manager has listed the unit size as 2548 square feet.
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About Hampshire
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017