71 Empire Dr
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%.
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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 |
|---|---|---|---|
| Dec 5, 2024 | Sold | ||
| Sold | |||
| Sep 12, 2024 | In contract | - | |
| In contract | |||
| Sep 3, 2024 | Listed by Coldwell Banker Realty - Andover | $949,000 | |
| Listed by Coldwell Banker Realty - Andover | |||
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This elegant 3-bed, 3-bath colonial features stunning dark wood floors, high ceilings, and transom windows that create an airy and sophisticated atmosphere. The open-concept 1st fl includes a formal living and dining room, while the gourmet kitchen offers granite countertops, a quartz island, ss appliances, and a sun-filled eating area with views of the landscaped backyard and patio. The kitchen opens to a spacious family rm with built-ins, large windows, and a gas-burning fireplace.Upstairs, the primary suite boasts a walk-in closet and a luxurious ensuite bath with double sinks, a separate toilet room, shower & a jacuzzi tub. Two add'l bedrooms, a full bath, laundry and a hall walk-in closet complete the 2nd floor. This home also offers ample storage, 2nd fl. expansion possibilities, a basement that can be refinished, and an attached 2-car garage. The beautifully landscaped yard features an irrigation system, a paver patio, and a brick fireplace, perfect for entertaining or relaxing.
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| Nov 1, 2011 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017