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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 |
|---|---|---|---|
| Oct 1, 2021 | Sold | ||
| Sold | |||
| May 27, 2021 | Listed by C21 ALLIANCE REALTY GROUP WF | $79,900 | |
| Listed by C21 ALLIANCE REALTY GROUP WF | |||
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No more showings at the moment. Deal is in contract. Affordable 2 bedroom, 2 bath mobile home located on a level lot. 10'X 12' shed, 10' X 24' deck, 12'X 24' carport. Washer/Dryer in the 2nd bathroom. Convenient to Metro North and shopping. This is a manufactured cooperative not an HOA (strictly owner occupant). KVC owns the land, each owner gets 1 share into the cooperative. Fee covers: snow removal of roadway only, landscape common area only, water and sewer, Mortgage for cooperative, weekly trash/recycle curb pickup, 2 times a year bulk pickup, taxes common area only, twice a year pump out of septic system. Taxes for school and land are billed to the owner (pending tax amount info). The owner is responsible for maintaining home, snow removal maintaining of their driveway/walk, lawn.,MISCELANES:Fixer Upper,ASNFENCLDS:Accounting/Legal,Management,AboveGrade:1144,Cooling:Ceiling Fan,FLOORING:Ceramic Tile,ROOF:Asphalt Shingles
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017