856 Borden Avenue
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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%.
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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.
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 21, 2023 | Sold | ||
| Sold | |||
| Jun 3, 2023 | Listed by Hometown Realty Group | $349,900 | |
| Listed by Hometown Realty Group | |||
| Aug 4, 2019 | No longer available | - | |
| No longer available | |||
| Jun 15, 2019 | Price Decreased |
$254,900
↓ $5K
(1.9%) | |
| Price Decreased | |||
| May 21, 2019 | Listed | $259,900 | |
| Listed | |||
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Move in ready home in Sycamore's Foxpointe Subdivision. Enter into the oversized foyer featuring CT. Formal LR features bay window, Crown Molding and new carpet. Formal DR showcases fresh paint, custom chair rail & crown molding. Kitchen features ample cabinet space, pantry closet, tile back splash, eating area and ceramic tile. Open sunken FM boasts vaulted ceiling w/ exposed beams, floor to ceiling brick surround gas fireplace, built in bookshelves, new carpet and sliding glass doors to the spacious patio & backyard. Convenient 1st flr laundry off the oversized 2 car garage, updated 1/2 bath and 6 panel solid doors complete the main floor. Master bedroom features WIC and private master bath suite including dual vanities, whirlpool tub, separate shower and large linen closet. Partially finished basement includes 23X12 bonus room, high efficiency furnace & water heater. Large backyard with cement patio is perfect for entertaining! Invisible dog fence, new roof and windows upstairs! The manager has listed the unit size as 2060 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017