87 Nicholson Dr
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 |
|---|---|---|---|
| Jul 15, 2025 | Sold | ||
| Sold | |||
| Jun 10, 2025 | In contract | - | |
| In contract | |||
| May 31, 2025 | Listed | $529,900 | |
| Listed | |||
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?? MUST SEE – Beautiful 3-Bedroom Campanelli Ranch with Bonus Room & Gorgeous Backyard Retreat!Welcome to your next home! This spacious and thoughtfully updated ranch offers over 1,500 sq ft of finished living space, perfect for first-time buyers, downsizes, or anyone seeking comfort and style in one-level living.All furniture can stay .?? 3 Bedrooms + Bonus Room – Need extra space? The bonus room can easily be used as a 4th bedroom, home office, or playroom—flexible to your lifestyle.?? Open Layout – Enjoy a bright and inviting floor plan?? Backyard Paradise – Step outside to a beautifully landscaped yard with an above-ground pool, gazebo, and two oversized sheds. All landscaping equipment and the gazebo are included—ready for summer fun and backyard entertaining!?? Upgrades: – $1,400 Electric Credit being gifted to the new owner– New heating system for peace of mind– Renovated within the last 8 years – just move in.
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| Oct 7, 2014 | Sold | ||
| Sold | |||
| Feb 14, 2014 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017