711 Essex Road
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 |
|---|---|---|---|
| Jun 2, 2021 | Sold | ||
| Sold | |||
| Nov 6, 2020 | Listed by KW Vermont | $474,900 | |
| Listed by KW Vermont | |||
| Sep 25, 2020 | No longer available | - | |
| No longer available | |||
| Aug 27, 2020 | Listed | $449,500 | |
| Listed | |||
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Flexible living space in this wonderful 4 bedroom, three bath home featuring hardwood floors throughout and 6 panel hardwood doors. Second floor master bedroom offers a walk-in closet with private bath. Additional two bedrooms and bath also on second floor with a large fourth bedroom and full bath on first floor. This home is in a great central location and sets back from the road. Private yard with plenty of room to play, plant a garden or entertain. Internal stairs access over 500 Sq. Ft. Of convertible second floor and attic space. New in 2019, cement board siding with Azek trim, 20X10 Azek deck, central vac on all 3 floors, and finished basement. New Roof in 2013. Two bay garage and a custom detached shed. This home is situated conveniently close to schools, parks, the village, grocery stores, and shopping with easy access to I-89. The manager has listed the unit size as 2880 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017