85 VERO Drive
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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 |
|---|---|---|---|
| Mar 9, 2023 | Sold | ||
| Sold | |||
| Dec 19, 2022 | Listed by HOULIHAN LAWRENCE INC. LG | $229,000 | |
| Listed by HOULIHAN LAWRENCE INC. LG | |||
| | |||
|
Unbelievable price! Don't miss this fantastic opportunity. The Gables is simply a wonderful place to live. As you drive through the community, you will see people walking, riding their bikes and stopping to talk with their neighbors. It is a welcoming, impeccably maintained community. Enjoy relaxing and taking in the sights from the front porch or escape from it all and enjoy some quiet time in the light-filled, four season room. You will love the soaring, vaulted ceilings and the open, airy, seamless flow between the living room, dining room and kitchen. The kitchen, bathed in natural light from the skylights above, offers loads of cabinetry, plenty of counter space and a generous dining area. The spacious primary bedroom boasts a walk-in closet and an ensuite full bath complete with a double vanity and a top of the line Safe-Step walk-in tub. The second bedroom is large and includes a walk-in closet. Enjoy the separate laundry room which also serves as a great storage space. Lovely landscaping, a shed and a level back yard which backs up to the woods complete the package. Come take a look and start living a low-maintenance, relaxed lifestyle.,FLOORING:Vinyl,Laminate,ExteriorFeatures:Landscaped,Cooling:Ceiling Fan,AboveGrade:1544,ROOF:Asphalt Shingles,EQUIPMENT:Carbon Monoxide Detector,Smoke Detectors,Heating:Gas,InteriorFeatures:Sliding Glass Doors,Electric Stove Connection,Walk-In Closets,Washer Connection,OTHERROOMS:Laundry/Util. Room,Sun Room,AMENITIES:Pool,Level 1 Desc:LR,DR,KIT,SUNROOM,PRIM.BDR,PRIM.BATH,BDR2,MAIN BATH,LNDRY,ASNFENCLDS:Salaries/Payroll,Management
| |||
| Nov 7, 2022 | Temporarily off market | - | |
| Temporarily off market | |||
| Nov 1, 2022 | Price Decreased |
$250,000
↓ $5K
(2%) | |
| Price Decreased | |||
| Oct 9, 2022 | Price Decreased |
$255,000
↓ $8K
(2.9%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017