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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 9, 2020 | No longer available | - | |
| No longer available | |||
| Mar 17, 2020 | Sold | ||
| Sold | |||
| Mar 8, 2020 | Listed | $195,000 | |
| Listed | |||
| | |||
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Beautifully Renovated Home Just 10 Minutes Away From The Cowboys Stadium & Close To Hwy 20 & 360!! This Gorgeous Home Has Been Redone From The Sheetrock & Siding To Everything Interior! Kitchen Has SS Appliances, White Granite Countertops, White Cabinets, Backsplash & Gray Tile Flooring. Bathrooms Have Granite Countertops With White Vanities, Gray Tiled Showers & Flooring. Light Gray Paint & Ceiling Fans Throughout. Recess Lights In Living Areas & Kitchen. New HVAC & Foundation. Large Fenced Backyard With A Concrete Porch Perfect For Your Cookouts! The manager has listed the unit size as 1735 square feet.
| |||
| Feb 14, 2020 | Listed by Realty Solutions | $195,000 | |
| Listed by Realty Solutions | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017