85 Packard Road
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 |
|---|---|---|---|
| Jul 25, 2024 | Sold | ||
| Sold | |||
| Jul 4, 2024 | In contract | - | |
| In contract | |||
| Jun 20, 2024 | Listed by Vermont Real Estate Company | $599,000 | |
| Listed by Vermont Real Estate Company | |||
| Sep 29, 2017 | Sold | ||
| Sold | |||
| Jul 30, 2017 | Listed | $357,900 | |
| Listed | |||
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This historic 1880 farmhouse has been recently remodeled and brought into the modern era. Cherry hardwood floors, granite counter tops and a beautiful kitchen are just a few of the elements that will draw you in. A massive list of recent updates, including new siding, windows, doors, basement insulation, plumbing and roof and heating system mean you’ll enjoy the charm of yesteryear with the efficiency and convenience of today! With approximately 3,000 square feet of living space and 3 bedrooms plus a bonus rec room, there is plenty of room to spread out in this home. The layout lends itself for easy setup for in-law quarters. The first floor offers a laundry room, formal dining area, a den/office, large family room and living room with cathedral ceilings Outside you’ll be charmed by the covered front porch and large back deck. Extensive fencing around the property allows pets and children to play safely. Natural gas heat, gas hook up for grill and public water add to list of great features of this home.The manager has listed the unit size as 2594 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017