701 E Marshall Place
About This Property
Greeted by palm trees you enter the bright, fireplaced living room with coffered ceilings. Open to the living room and near the kitchen, the dining area is defined by beautiful wainscoting and allows for great family entertaining. The dream kitchen features quartz counters, an abundance of storage, a deep farmhouse sink, & stainless-steel appliances. The stunning features continue in the two master suites with spa-like bathrooms & glass showers. In addition to the master suites, the home includes two spacious guest bedrooms that share a centrally located upgraded bathroom that does not disappoint. French doors lead you to the private courtyard sanctuary – the perfect place to spend the summer nights. With additional improvements including gorgeous hardwood floors throughout, upgraded electrical & plumbing, lighting fixtures, windows & doors, and beautiful hardscaping; 701 E Marshall is the perfect place to call home. Please be sure to check out our virtual tour!
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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 28, 2020 | Sold | ||
| Sold | |||
| Aug 11, 2020 | Listed by Team Fasnacht Realty | $975,000 | |
| Listed by Team Fasnacht Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017