9241 Ambassador Drive
About This Property
The kitchen is clean and upgraded, making it a delightful space for cooking and entertaining. Enjoy abundant natural light and easy access to the outdoors with newer windows and sliders throughout. The roof is less than 1 year old, ensuring peace of mind. The spacious floorplan includes a large living room with a cozy fireplace, perfect for gatherings. The oversized pie-shaped lot offers plenty of room for expansion or adding Accessory Dwelling Units (ADUs) (please check with the city for construction requirements). This quiet and well-maintained neighborhood makes this unique home a must-see. Act quickly-this gem won't stay on the market for long!
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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 |
|---|---|---|---|
| Oct 15, 2024 | Sold | ||
| Sold | |||
| Oct 5, 2024 | In contract | - | |
| In contract | |||
| Sep 22, 2024 | In contract | - | |
| In contract | |||
| Sep 4, 2024 | Listed by Coldwell Banker Realty | $1,059,000 | |
| Listed by Coldwell Banker Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017