717 Cheltenham Drive
About This Property
neighborhood, large open floor plan with 4 large bedrooms. Kitchen has lots of storage, eat in dining
and a separate dining area. Family room is spacious and inviting. Outside views of the mountains and a
heated pool with sauna. Landscaping is low maintenance, so you have time to enjoy entertaining and
pool time with the family. This home is move in ready!
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Cap Rate Calculator
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 31, 2023 | Sold | ||
| Sold | |||
| Dec 9, 2022 | Listed by Home Pros Real Estate Group | $320,000 | |
| Listed by Home Pros Real Estate Group | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Jul 8, 2020 | In contract | - | |
| In contract | |||
| Jun 26, 2020 | Listed | $234,990 | |
| Listed | |||
| | |||
|
The manager has listed the unit size as 2324 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017