88 Midland Drive
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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 |
|---|---|---|---|
| Dec 6, 2024 | Sold | ||
| Sold | |||
| Oct 16, 2024 | In contract | - | |
| In contract | |||
| Sep 16, 2024 | Listed by Howard Hanna WNY Inc. | $179,999 | |
| Listed by Howard Hanna WNY Inc. | |||
| | |||
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Beautiful cape with no maintenance exterior now available. You'll enjoy the bright open kitchen with lots of cupboards. The owner is happy to leave the appliances if desired. The large living room has lovely windows to let the sunshine in. Hardwood floors are throughout the house on both floors. Gracious full bathroom and amazing hall linen closet for all your needs. Two great size bedrooms on the first floor. The second floor has delightful bedroom space and more storage. Perrenial gardens and inviting yard add to well kept condition of this home. Tax records reflect square footage of 877 feet. Appraisal dated April 17, 2014 reflects square footage of 1147 square feet
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| May 30, 2014 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017