722 Thera Drive
About This Property
**Buyer will have budget to choose door handles in kitchen/bathroom as well as closet shelving. House will also be pressure washed at closing** House directly behind is also for sale. Same plan but different kitchen/bathroom.
Home qualifies for PATH program (100% financing with NO PMI)
Home qualifies for USDA (100% financing)
Offering seller contribution with acceptable offer. Can be used to buy down interest!
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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 |
|---|---|---|---|
| Dec 23, 2024 | Sold | ||
| Sold | |||
| Nov 27, 2024 | In contract | - | |
| In contract | |||
| Nov 20, 2024 | Price Decreased |
$395,900
↓ $4K
(1%) | |
| Price Decreased | |||
| Nov 6, 2024 | Price Decreased |
$399,900
↓ $3K
(0.8%) | |
| Price Decreased | |||
| Nov 2, 2024 | Price Decreased |
$403,000
↓ $8K
(2%) | |
| Price Decreased | |||
Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017