Lot 7 Mendon St
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 |
|---|---|---|---|
| Apr 7, 2006 | Sold | ||
| Sold | |||
| Aug 11, 2005 | Listed by Afonso Real Estate | $299,900 | |
| Listed by Afonso Real Estate | |||
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House is up! Great floor plan with 3 bedrooms and 2.5 baths. 1st floor laundry, hardwood foyer, dining room, kitchen and stairs. Ceramic tile in the baths and w/w carpeting in living room and throughout the second floor. Central Air, 1 car garage under, vinyl siding. Incredible price to get in early on this 9 lot subdivision. Call agent for copies of plans and specs.
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Address: 335 Madison Avenue, New York, NY 10017