743 Majestic Drive
About This Property
Step inside and you'll find carpet throughout the bedrooms, dining area, and living room, with the interior painted in neutral tones that provide a blank canvas for your decor. The spacious kitchen includes low-maintenance tile floors, a pass-through to the living area. Crown molding accents give the home an elegant touch, while your door leading off the living room leads to a private back patio, perfect for enjoying the outdoors.
Payment Calculator
Your Estimated Monthly Payment
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 15, 2025 | Sold | ||
| Sold | |||
| Dec 7, 2024 | In contract | - | |
| In contract | |||
| Dec 3, 2024 | Price Decreased |
$169,500
↓ $10K
(5.6%) | |
| Price Decreased | |||
| Aug 28, 2024 | Listed by ERA American Real Estate | $179,500 | |
| Listed by ERA American Real Estate | |||
| Apr 30, 2024 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017