714 The Trace
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 26, 2024 | Sold | ||
| Sold | |||
| Sep 29, 2023 | Listed by Coldwell Banker Realty | $219,000 | |
| Listed by Coldwell Banker Realty | |||
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714 The Trace is a lovely 4 bedroom 3 bathroom Ranch! Home features a newer white cabinet kitchen with a separate cooktop and wall oven, front porch, back
deck, four large bedrooms with a double primary bedroom suite setup. Yes, two primary bedrooms with en-suite private full bathrooms! Perfect for a family as all four bedrooms and all three bedrooms are located on one level. Dining room, updated high end
stainless appliances, large backyard that is perfect for pets, quiet quaint neighborhood, and location is in close proximity to many amenities!
Restaurants, grocery stores, and main road access! No RENTAL RESTRICTIONS or HOA!!! The house is a must see!
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| Jun 9, 2017 | Sold | ||
| Sold | |||
| May 25, 2016 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017