9 Phillips Circle
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 |
|---|---|---|---|
| Dec 11, 2024 | Sold | ||
| Sold | |||
| Nov 18, 2024 | In contract | - | |
| In contract | |||
| Oct 16, 2024 | Listed by William Raveis R.E. & Home Services | $699,000 | |
| Listed by William Raveis R.E. & Home Services | |||
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Nestled on a quiet Circle, this charming 8 Room, 1.5-Bathroom Antique Colonial offers an abundance of space and character. High ceilings, oversized windows, and stunning Maple floors add timeless appeal throughout the 1,800 square feet of living area. The first floor features a welcoming Center Hall off the inviting front porch, a versatile room offers flexible space: home office/playroom/Bedroom/den, a spacious living room with a fireplace, a inviting dining room, and a generously-sized kitchen. Four bedrooms are located on the second floor, providing privacy and comfort. Conveniently situated within short distance to the new elementary school, local parks, beaches, and commuter rail (1.7 miles) this home's location truly makes the town your playground! Additional highlights include a one-car garage, perfect for storage and parking, plus a large walk-up attic with expansion potential. This delightful home offers a great opportunity for personalization!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017