8615 Ballinger Drive
About This Property
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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 |
|---|---|---|---|
| Oct 26, 2021 | Sold | ||
| Sold | |||
| Jun 25, 2021 | Listed by Keller Williams Metropolitan | $400,000 | |
| Listed by Keller Williams Metropolitan | |||
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Rare larger 1 story (almost 3000 sq/ft) tucked away in the back of the subdivision backing up to the greenbelt, with pool and spa plus a 3 car garage and still enough yard for a playset and garden. Features include wood floors in living areas, expansive granite countertops, pull out cabinets, stainless steel appliances, 5 burner gas cooktop, double ovens, walk-in pantry, new roof in 2020, and a custom primary closet just to name a few things you get with this home. High ceilings and open living spaces plus many smart features added make this the perfect home for anyone.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017