862 Armada Terrace
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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 |
|---|---|---|---|
| Aug 8, 2012 | Sold | ||
| Sold | |||
| May 15, 2012 | Listed by RE/MAX 24K | $999,000 | |
| Listed by RE/MAX 24K | |||
| Mar 27, 2012 | Sold | ||
| Sold | |||
| Jan 26, 2012 | Listed by Berkshire Hathaway HomeService | $899,000 | |
| Listed by Berkshire Hathaway HomeService | |||
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This is a gem. A diamond in the rough...Wonderful site, great views. The home is livable as it stands...but you may want to bring your contractor to this charming house with amazing views of the bay, downtown and the rolling hills beyond! Check out the expansion possibilities yourself. Expand the deck and watch the excitement at La Playa with out the noise or parking challenges. Equipment: Garage Door Opener, Range/Oven Other Fees: 0 Sewer: Sewer Connected Topography: LL,
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017