8553 DAVIS RD
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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%.
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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.
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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 9, 2024 | Sold | ||
| Sold | |||
| Jun 10, 2024 | In contract | - | |
| In contract | |||
| Jun 4, 2024 | Listed by Keller Williams Lucido Agency | $455,000 | |
| Listed by Keller Williams Lucido Agency | |||
| Jul 7, 2022 | No longer available | - | |
| No longer available | |||
| Apr 8, 2022 | Listed by Keller Williams Lucido Agency | $450,000 | |
| Listed by Keller Williams Lucido Agency | |||
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Sited on a beautiful .53 acre homesite is this custom 1,006 sq ft raised rancher with 2 bedrooms and 1 bath, loads of rear parking, and recent upgrades throughout sure to please. The front porch entry grants access to the interior of this lovely home featuring new flooring, new windows, freshly painted in a trending palette, a living room, and a dining room with access to the backyard adjacent to the kitchen. Bright and airy, the kitchen boasts a vaulted ceiling, classic white cabinetry, granite counters, stainless steel appliances, and a white stacked washer and dryer. Sizeable bedrooms, a fully upgraded bath, and over 1,000 sq ft creates an ideal starter home or a place to downsize. Outstanding location, minutes away from Columbia's incredible array of restaurants, shopping, entertainment, and commuter routes. The manager has listed the unit size as 1006 square feet.
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About Columbia
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017