701 Butterfield Drive
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 |
|---|---|---|---|
| Sep 26, 2023 | Sold | ||
| Sold | |||
| Aug 24, 2023 | Listed by Homesmart Connect LLC | $315,000 | |
| Listed by Homesmart Connect LLC | |||
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Welcome to your new home! This charming ranch-style residence boasts a spacious layout and a beautiful big yard, perfect for family gatherings and outdoor activities. With 3 bedrooms and 2 bathrooms, this home offers ample space for your growing family's needs. Step inside and be greeted by a cozy living room, where you can unwind and relax after a long day. The adjacent dining room provides an ideal setting for hosting dinner parties and creating memories with loved ones. The heart of this home lies in its well-appointed eat-in kitchen, offering a delightful space for preparing meals and enjoying casual dining. The large windows fill the space with natural light. The family room provides an additional versatile space, perfect for movie nights, playtime with the kids, or even as a home office. The possibilities are endless! As you explore further, you'll discover three comfortable bedrooms, providing the perfect retreat for rest and relaxation. The master bedroom features an en-suite bathroom, offering convenience and privacy. The unfinished basement presents an opportunity for you to customize and create additional living space according to your preferences. Whether you dream of a home gym, workshop, or a recreation area, this blank canvas awaits your personal touch. Outside, the expansive yard invites endless possibilities for outdoor fun and entertainment. From hosting barbecues to gardening or simply enjoying the fresh air. Conveniently located in a desirable neighborhood, this home offers easy access to schools, parks, shopping centers along Randall Rd. Don't miss out on the chance to make this wonderful ranch-style home your own!
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| Mar 6, 2023 | Sold | ||
| Sold | |||
| Jan 27, 2023 | Listed by RE/MAX Suburban | $290,000 | |
| Listed by RE/MAX Suburban | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017