71 Banner 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 |
|---|---|---|---|
| Jan 9, 2020 | Sold | ||
| Sold | |||
| Jul 30, 2019 | Listed by RE/MAX Property Promotions | $315,000 | |
| Listed by RE/MAX Property Promotions | |||
| Sep 6, 2018 | No longer available | - | |
| No longer available | |||
| Sep 6, 2018 | Listed | $299,900 | |
| Listed | |||
| | |||
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Are you looking for a "vacation at home" feel, but want to be close to amenities? How about a waterfront/beachfront home on a peaceful pond (Lower Wrights Reservoir) with over 100 feet of water frontage, city water and sewer, low taxes, and expansion possibilities! This well maintained and UPDATED home may be for you. Great yard for year round fun! This is the house and location you will want to call your home! The manager has listed the unit size as 1400 square feet.
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| Jul 31, 2012 | Sold | ||
| Sold | |||
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Address: 335 Madison Avenue, New York, NY 10017