85 Manor Road
About This Property
Payment Calculator (Computations Provided by RealtyHop)
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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 |
|---|---|---|---|
| Jul 23, 2024 | Sold | ||
| Sold | |||
| Jun 26, 2024 | In contract | - | |
| In contract | |||
| Jun 16, 2024 | Listed by Four Points Real Estate | $374,000 | |
| Listed by Four Points Real Estate | |||
| Mar 11, 2024 | Sold | ||
| Sold | |||
| Feb 25, 2024 | Listed by RE/MAX Innovative Bayside | $214,900 | |
| Listed by RE/MAX Innovative Bayside | |||
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Uncover the potential of 85 Manor Road, a great property primed for your next renovation or flip project. This diamond in the rough presents an incredible opportunity to transform a classic residence into a modern masterpiece. With a solid foundation and structure, this 2 bedroom, 1 bathroom home offers a canvas for your creative vision. The layout provides ample room to re-imagine the floor plan, creating an open and inviting living space. Imagine the possibilities as you breathe new life into this great home. The kitchen, a key element in any home, awaits your touch. Customize this space with contemporary finishes, state-of-the-art appliances, and stylish cabinets to create a culinary haven that blends functionality and aesthetics seamlessly. The 2 bedrooms offer versatility, allowing you to craft cozy retreats or a stylish home office. Bonus room in the basement could make a great guest room or home office. Step into the level backyard, where the potential for an outdoor oasis awaits. Whether you envision a tranquil garden retreat, a spacious deck for entertaining, or a combination of both, the blank canvas is ready for your landscaping expertise. Located in a desirable neighborhood close to Beaver Meadow Golf Course, downtown, and I-93, 85 Manor Road is not just a property; it's an investment in potential. Seize the opportunity to revitalize this residence and reap the rewards of a carefully executed renovation or flip. The canvas is blank, the potential is limitless.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017