7194 Farnham 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 |
|---|---|---|---|
| Aug 19, 2024 | Sold | ||
| Sold | |||
| Jun 27, 2024 | In contract | - | |
| In contract | |||
| Jun 21, 2024 | Listed by Sell Your Homes Services, LLC | $679,000 | |
| Listed by Sell Your Homes Services, LLC | |||
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Custom built lakefront home with private yard, dock included. Total sq ft 3155 (2519 sq ft plus add’l 636 sq ft finished walkout basement), custom cherry kitchen, granite countertops in kitchen and baths, primary bath with heated tile floor, Koi pond in the shape of Cross Lake, slate patio firepit area, covered deck with TV & ceiling fan, central vac, 2+ car garage with basement access, new roof (2022) and HVAC (2021). Great entertainment space inside & out. Not subject to flood insurance.
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| May 4, 2001 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017