710 Cates 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 |
|---|---|---|---|
| Dec 4, 2024 | Sold | ||
| Sold | |||
| Nov 18, 2024 | In contract | - | |
| In contract | |||
| Oct 3, 2024 | Listed by RE/MAX REALTY ASSOCIATES-CHA | $379,900 | |
| Listed by RE/MAX REALTY ASSOCIATES-CHA | |||
| Dec 14, 2023 | Sold | ||
| Sold | |||
| Oct 22, 2023 | Listed by Beycome brokerage realty LLC | $379,900 | |
| Listed by Beycome brokerage realty LLC | |||
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Welcome to the Ridgecrest plan by Unlimited Homes, a spacious and flexible home designed to fit all your needs with an expanded 2.5 garage and full unfinished basement (basement buildout available). Located in the desirable and convenient Hunters Ridge community with quick access to local dining, gyms, shopping, and I-74. This home is loaded with upgrades; full sod yard, cathedral ceilings, tile shower with frameless glass shower door, range and fridge allowance, tile backsplash, fans in all bedrooms, and quartz countertops. Structural/mechanical advantages: thicker 2x6 exterior walls for a stronger home. Insulated garage and garage door for better comfort year-round. LENNOX HVAC system w/ larger 5-inch air filter, dedicated HVAC chase, and R-50 house attic insulation, and foam rim joist and direct vent 50 gal. gas water heater for better energy efficiency. Smart home advantages: Zero VOC Eggshell wall paint for a healthier home and easy cleaning. Wi-fi enabled garage door with remote and schedule settings. All backed by a robust 1-year warranty and drywall protection program from the highest rated local builder.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017