8421 Manchester 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 |
|---|---|---|---|
| Aug 11, 2021 | Sold | ||
| Sold | |||
| Jul 15, 2021 | Listed by Mike Mazyck Realty | $245,000 | |
| Listed by Mike Mazyck Realty | |||
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Multiple offers received, highest & best by noon Sunday July 18th. Beautiful two story home with three bedrooms in a wonderful neighborhood. The spacious family room has a gas fireplace and opens to the island kitchen. Breakfast area and a formal dining room. The first floor master suite features a master bath with dual vanity, jetted tub, separate shower, and a large walk in closet. Living area or game room on second floor along with two bedrooms and a full bath. Beautifully landscaped backyard with a wood privacy fence.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017