87 Richmond Ave
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 |
|---|---|---|---|
| May 6, 2025 | Sold | ||
| Sold | |||
| Mar 19, 2025 | In contract | - | |
| In contract | |||
| Mar 11, 2025 | Listed | $496,500 | |
| Listed | |||
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Offer deadline 3/18/25, 12pm. Settle into this Center Entrance Colonial in desirable West Side neighborhood. Features include generously-sized living and dining rooms and a cabinet-packed spacious kitchen filled with extras such as a pantry closet, wine fridge, pot filler at stove and task lighting throughout. Sliders from kitchen to composite deck overlooks a peaceful wooded backyard. Cuddle up in the cozy music/reading room off the living room, host dinner in the formal dining room with built-in china hutch and drawers. The den behind kitchen can be a 4th bedroom if needed. Primary Bedroom provides you with two walk-in closets, BR2 also has a walk-in closet. You'll find even more storage in the built-in linen cabinet in the upstairs hallway. Hardwood flooring throughout. Six mini-splits installed within past 3 years throughout home. Leased solar gives you the opportunity to 'Go Green', and a Tesla Car charger near garage is ready for your EV.
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| Jan 18, 2018 | Sold | ||
| Sold | |||
| Nov 29, 2017 | Listed by RE/MAX Vision | $309,900 | |
| Listed by RE/MAX Vision | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017