85 John Anderson DRIVE
About This Property
backyard. Master bedroom suite with updated bathroom, custom double-vanities, walk-in shower, and custom lighting. En-suite guest bedroom with updated bathroom. Additional guest bedroom and updated guest bathroom. Oversized (21x11) custom designed laundry/mud room with new flooring and new cabinets, offering extensive storage. Enjoy evenings breezes under the new lighted and retractable awning, overlooking the private backyard and pool lanai. Newly updated solid wood doors throughout the home, with custom shutter-style closet doors. Plantation shutters. Wood floors recently re-finished. Updated electric with new recessed lighting throughout, and new lighting in bedroom closets. Water heater with circulation pump, allowing hot water to reach destination quickly. Water softener. New pool screen enclosure and new vinyl fence on north side of property. New AC thermostats (2). New epoxy on garage floor. Garage under AC. Interior of home painted within the last year. Exterior of home painted 3 years ago, with transferrable warranty. New security panel and cameras convey with the home.
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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 |
|---|---|---|---|
| Feb 9, 2024 | Sold | ||
| Sold | |||
| Jan 17, 2024 | In contract | - | |
| In contract | |||
| Jan 17, 2024 | No longer available | - | |
| No longer available | |||
| Jan 14, 2024 | Relisted | $750,000 | |
| Relisted | |||
| Jan 1, 2024 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017