87 Abaco Drive
About This Property
$10,000 towards buyer's closing cost
Embark on urban living in this 3-bed, 1-bath plus bonus room haven featuring a spacious porch, laundry room, and a generous yard - your perfect family retreat! The seller sweetens the deal with a $10,000 closing cost. But wait, there's more! This property also offers an opportunity for extra income!
Imagine the possibilities. Act now
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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 |
|---|---|---|---|
| May 9, 2024 | Sold | ||
| Sold | |||
| Jan 17, 2024 | Listed by Goldbay Realty Inc | $449,500 | |
| Listed by Goldbay Realty Inc | |||
Property Highlights
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About Palm Springs Village
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$3,000 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017