8605 Cloudyway Drive
About This Property
The laundry room is a separate room with space for a refrigerator and is close to the garage.The Open floor plan has a great kitchen with an awesome island, any chef or home cook will love working in this kitchen. The bedrooms are all very nice size. This home has the added benefit of Dual Master bedrooms all on the first floor. Spacious game room is on the 2nd floor with a half bath. All of this as well as a large covered patio.MULTIPLE OFFERS RECEIVED, DEADLINE IS 2PM ON JAN 16. SELLER WILL RESPOND JAN 16.
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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 |
|---|---|---|---|
| Feb 2, 2022 | Sold | ||
| Sold | |||
| Jan 12, 2022 | Listed by Coldwell Banker Realty | $390,500 | |
| Listed by Coldwell Banker Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017