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855 Azalea Street
About This Property
Spanning over 1/4 acre lot, this 3,700 sqft 6b/6.5b masterpiece of a home endured multiple renovation and remodeling stages for an exquisite level of upkeep and architectural elegance.
Featuring cypress ceilings, imported antique fixtures, arches, balustrades, columns, venetian plaster walls, intricate trimmings and hand-painted baseboards all done in a masterful way to provide a timeless sense of elegance.
The Tuscany inspired landscape has been designed and
maintained to outmost level. Imported European limestone elements gracing the front and back yard. Featuring grand arched Bougainvillea paths, Cypress, Oak and other botanical for an enchanted fee
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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 |
|---|---|---|---|
| Dec 18, 2023 | Sold | ||
| Sold | |||
| Dec 6, 2022 | Listed by One Sotheby's International Realty | $3,850,000 | |
| Listed by One Sotheby's International Realty | |||
| Jan 18, 2017 | Sold | ||
| Sold | |||
| Feb 23, 2016 | Listed by One Sotheby's International Realty | $1,345,000 | |
| Listed by One Sotheby's International Realty | |||
| Aug 12, 1998 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017