71 Rachel 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 |
|---|---|---|---|
| Jan 10, 2017 | Sold | ||
| Sold | |||
| Oct 28, 2016 | Sold | ||
| Sold | |||
| Apr 22, 2013 | Listed by Northeast Properties | $350,000 | |
| Listed by Northeast Properties | |||
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Back on market- buyer fell through! Gorgeous Custom Built Colonial located in a small 9 lot subdivision on a private 2+ acre lot abutting conservation. This home features dramatic 10 ft ceilings, open concept kitchen to family room with cathedral ceiling & fireplace, heated 3 season/screen porch, great room with built ins & cathedral ceilings, formal living and dining rooms with pocket doors, 4 generous sized bedrooms PLUS a 2 bdrm inlaw with sep laundry, electric and private entrance. Too many features to list, truly a must see!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017