809 Richards Drive
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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 |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Jun 24, 2020 | In contract | - | |
| In contract | |||
| Jun 6, 2020 | Price Decreased |
$290,900
↓ $4K
(1.4%) | |
| Price Decreased | |||
| Apr 15, 2020 | Listed | $295,000 | |
| Listed | |||
| | |||
|
Beautiful home with Fabulous upgrades! 2447 sq.ft. Bristol Model 2-Story, brick/vinyl exterior, tons of natural light, 4 huge bedrooms, 2.1 baths with open floor plan and 9' ceilings on main level. Gorgeous & durable plank vinyl flooring on main level. Stained oak spindle railings. Spacious gourmet kitchen with impressive 42" cabinetry, quartz countertops, huge island, pantry and large breakfast area. 1st floor study/office, formal living room, formal dining room and family room. Master bedroom with private luxury deluxe master bath with 5' ceramic surround shower, dual sinks and dual walk-in closets. Upgraded lighting fixtures and extensive electrical. 95% Efficiency Furnace. concrete driveway & basement. 2-car garage. Just minutes to I-55 & I-80, so close to shopping and restaurants! Come and buy today! The manager has listed the unit size as 2447 square feet.
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| Jan 21, 2020 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017