9 Cannonade Drive
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 |
|---|---|---|---|
| Aug 22, 2018 | No longer available | - | |
| No longer available | |||
| Jul 25, 2018 | Sold | ||
| Sold | |||
| Jun 13, 2018 | Listed | $475,000 | |
| Listed | |||
| | |||
|
Just Reduced!! Plenty of space and has Great Potential. Recently Painted. Large Kitchen open to family room. Formal Living and dining room. Will not last at this new price. This is a Fannie Mae Homepath property The manager has listed the unit size as 2457 square feet.
| |||
| Mar 20, 2018 | Listed by Joseph A Del Forno, Inc | $475,000 | |
| Listed by Joseph A Del Forno, Inc | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017