913 RAINDROP Lane
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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 11, 2018 | Listed by MAGNOLIA REAL ESTATE COMPANY | $212,900 | |
| Listed by MAGNOLIA REAL ESTATE COMPANY | |||
| May 3, 2018 | Sold | ||
| Sold | |||
| Aug 21, 2017 | Sold | ||
| Sold | |||
| Jul 31, 2017 | Listed | $230,000 | |
| Listed | |||
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The builder will start building with a purchase contract. Why buy used when you can buy new for about the same price or less? This property comes with Stone front, fully equipped kitchen, Refrigerator, Stove, Microwave, and Dishwasher. Granted counter tops and it also comes with a washer and dryer. This home also comes with Ceramic Tile floors in the kitchen, entrance and the bathrooms. Right now it's just an empty lot but soon it will be the location of your perfect home. There are 2 lots, one next to the other you can have a 3/2 for $170,000 or a 4/2 for $230,000 built on either lot. The builder is available to work with a buyer that would like to make changes to the interior of the properties, to move a wall or to add or subtract a bedroom and so on.The manager has listed the unit size as 2032 square feet.
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| Sep 25, 2016 | Listed by PROPERTY MANAGEMENT PARTNERS & ASSOCIATES INC | $230,000 | |
| Listed by PROPERTY MANAGEMENT PARTNERS & ASSOCIATES INC | |||
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The builder will start building with a purchase contract. Why buy used when you can buy new for about the same price or less? This property comes with Stone front, fully equipped kitchen, Refrigerator, Stove, Microwave, and Dishwasher. Granted counter tops and it also comes with a washer and dryer. This home also comes with Ceramic Tile floors in the kitchen, entrance and the bathrooms. Right now it’s just an empty lot but soon it will be the location of your perfect home. There are 2 lots, one next to the other you can have a 3/2 for $170,000 or a 4/2 for $230,000 built on either lot. The builder is available to work with a buyer that would like to make changes to the interior of the properties, to move a wall or to add or subtract a bedroom and so on….
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017