70 Sunset Drive
About This Property
The main level of the house has a large inviting living room with a fireplace and beautiful hardwood floors which flows directly into the dining area. The bedrooms are all generously sized, with ample closet space. The lower level has an entertainment room, laundry room, bathroom, and workshop basement. The backyard is ideal for outdoor activities, and the enclosed porch is fantastic for relaxing, entertaining, or enjoying the view of the sunset. Convenient location to schools, shopping, train, and highways. Additional Information: HeatingFuel:Oil Below Ground,ParkingFeatures:2 Car Attached,
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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 |
|---|---|---|---|
| Mar 27, 2023 | Sold | ||
| Sold | |||
| Feb 7, 2023 | In contract | - | |
| In contract | |||
| Jan 26, 2023 | Listed by Coldwell Banker Realty | $549,999 | |
| Listed by Coldwell Banker Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017