865 Garnet Avenue
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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 |
|---|---|---|---|
| Aug 14, 2018 | No longer available | - | |
| No longer available | |||
| Jul 17, 2018 | Sold | ||
| Sold | |||
| Jun 11, 2018 | Listed | $587,000 | |
| Listed | |||
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Highly upgraded highly desirable two master model. Remodeled kitchen with Maple cabinets and Corian counter tops. Both bathrooms have been remodeled. Plush high grade carpet, newer dual paned windows and sliders. Beautiful newer Oak front door. Cathedral ceiling in living room and one of the master bedrooms. Gas log fireplace. Air conditioned with attic fan. Owner is leaving washer, dryer and refrigerator, water softener and BBQ. Waterline has been replaced to the street. Nice side and rear yard with fruit trees and incredible Gardenias. 50 Gallon water heater with heat pump. Lift Master Garage Opener that is very quiet. Kitchen appliances include Bosh dishwasher, LG Stainless Steele 5 Burner gas stove, Whirlpool Microwave. Nice Breakfast area with plenty of light. Side Patio with wood cover. Low HOA dues paid quarterly. Community Water & Sports park across Kimball. The manager has listed the unit size as 1423 square feet.
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| May 9, 2018 | Listed by RE/MAX Gold Coast REALTORS | $587,000 | |
| Listed by RE/MAX Gold Coast REALTORS | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017