725 RAND AVE
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 8, 2021 | No longer available | - | |
| No longer available | |||
| Jun 4, 2021 | Price Decreased |
$1,498,000
↓ $197K
(11.6%) | |
| Price Decreased | |||
| May 18, 2021 | Listed | $1,695,000 | |
| Listed | |||
| | |||
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CARRIE MCALISTER - Cell: 510-292-7838 - Gardens and fruit trees guide you up the front steps to this impressive Grand Lake Craftsman home. The entryway warmly greets you with an abundance of sunlight, to the right, the living room is the perfect place to gather with large open windows and space for many around the centered fireplace mantle. The formal dining room has artfully detailed built-ins. The recently remodeled kitchen with double-ovens and breakfast counter, opens to the side yard and patio with a built-in outdoor BBQ and wet bar. Upstairs are three generous bedrooms, and a hall bath. The primary bedroom has a spa-like bathroom and walk-in closet. There is also a radiant sunroom upstairs with views of Lake Merritt, which could be used as an artist studio or office, as well as a large laundry room. Below the main level of the house is another room with a full bathroom and its own private entrance that leads out to the gardens. A detached garage plus additional off-street parking means you’ll never have to find a park The manager has listed the unit size as 2877 square feet.
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| Sep 13, 2013 | Sold | ||
| Sold | |||
| Aug 16, 2013 | Listed by MCGUIRE REAL ESTATE | $829,000 | |
| Listed by MCGUIRE REAL ESTATE | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017