824 Ledgemont 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 |
|---|---|---|---|
| Jul 9, 2021 | Sold | ||
| Sold | |||
| Jun 7, 2021 | Listed by Berkshire HathawayHS PenFed TX | $325,000 | |
| Listed by Berkshire HathawayHS PenFed TX | |||
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NEWLY RENOVATED IN PRIME LOCATION! Spacious bright home with newly installed luxury plank flooring, ledgestone fireplace, bright white kitchen cabinets with granite countertops, marble backsplash, new stainless appliances, huge bar-island open to the living area perfect for gathering, owner's suite with subway tile huge shower with decorative accent tile, double sinks, granite countertops, new flooring throughout, spacious secondary bedrooms, renovated secondary bath, second living & dining combo perfect for a home office or flex space, fresh paint throughout, the list of upgrades is endless. Walking distance to park, close to dining, shopping and major thoroughfares! (buyers & agent to verify all information)
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017