8470 Philodendron Way
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 |
|---|---|---|---|
| Sep 14, 2018 | No longer available | - | |
| No longer available | |||
| Sep 11, 2018 | Sold | ||
| Sold | |||
| Aug 21, 2018 | Listed | $649,900 | |
| Listed | |||
| | |||
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Pride of Ownership located on a cul de sac. 4 bedrooms (original floor plan) 2 full bathrooms (with tubs) with everything you can imagine replaced and or upgraded by same owner over 20 years. Freshly painted in and out, textured, recessed lighting with scraped ceilings, ceiling fans, central air conditioning, panel doors and hardware, both full baths remodeled with tile floors and granite counters, kitchen remodeled with granite counters and stainless appliances, dual pane windows and slider, copper piping, upgraded electric. Beautiful flooring with gas fireplace in living room open to diding area. Slider to covered patio with nicely landscaped yard, sprinklers front and rear too. 2 car garage with direct access and indoor separate laundry room, water softener and reverse osmosis filter system. The manager has listed the unit size as 1397 square feet.
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| Aug 1, 2018 | Listed by RE/MAX College Park Realty | $649,900 | |
| Listed by RE/MAX College Park Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017