Lot 7 Michael Rd
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 |
|---|---|---|---|
| Aug 2, 2017 | Sold | ||
| Sold | |||
| Feb 17, 2017 | Listed by Compass | $1,325,000 | |
| Listed by Compass | |||
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New luxurious 4 bedroom home in a new 7 lot subdivision neighborhood near the center of town. First floor features formal entry foyer flanked by formal dining room (14X15) and study both with tray ceilings. Fabulous cathedral ceiling great room ( 22 X21) open to large breakfast room with tray ceiling and gourmet kitchen with large center island (28 X 21) all with views to woods and conservation behind home. Butler pantry, mudroom, pantry and powder rm. Second floor features luxurious master suite with double walk in closets & sumptuous master bath. Three additional generous BR’s each with ensuite baths and walk in closets. HW throughout 1st & 2nd flrs. Finished walk out lower level great for playroom and bonus space with half bath.Lg level side yard! Walking trails nearby. Close to Claypit Hill elementary. Exquisite craftsmanship and detail. Outstanding opportunity! Estimated completion June 2017. PLEASE DO NOT visit property without appointment-active construction site.
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| Jun 25, 2013 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017