703 Canyon 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 |
|---|---|---|---|
| Oct 17, 2024 | Sold | ||
| Sold | |||
| Oct 7, 2024 | In contract | - | |
| In contract | |||
| Sep 22, 2024 | In contract | - | |
| In contract | |||
| Sep 8, 2024 | Listed by Rise Realty | $315,000 | |
| Listed by Rise Realty | |||
| Jul 30, 2017 | Listed | $185,000 | |
| Listed | |||
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Come see this charming cabin on a very large lot. This home truly is a rare gem. Built in 1948 this rustic brick built home features an inviting living room with fireplace and wood ceiling. The home is well loved and taken care of. It has 2 nice sized bedrooms, two baths, detached 1 car garage, driveway, and lots of room all around. One of the bath rooms is currently being refinished. The spacious kitchen has plenty of room for a big dining table and more. A spacious laundry loom leads to the back yard, and the ancient Giant Oak Tree provides shade over the front yard and front patio. The house needs some work and the owner is in the process of getting done. Come see it and be pleasantly surprised.The manager has listed the unit size as 1213 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017