85 Locust Drive
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 30, 2024 | Sold | ||
| Sold | |||
| Jul 13, 2024 | In contract | - | |
| In contract | |||
| Jun 19, 2024 | Listed by Signature Premier Properties | $399,000 | |
| Listed by Signature Premier Properties | |||
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Handyman Special! Home is being sold as is. Welcome to 85 Locust Drive featuring 3 bedrooms & 1 full bathroom with so much potential! As you enter the home notice the lovely living room, spacious dining area & nicely sized kitchen. All three bedrooms on the main level are generously sized. The main level is complete with a full bathroom. The basement features plenty of space for storage and laundry. The home's exterior is wonderful with a nicely sized backyard, nicely sized driveway & quiet neighborhood setting. The home is being sold in as-is condition. There is so much to offer & will not last! Low Taxes And Unlimited Potential!
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| Dec 7, 1998 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017