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9865 LIGHT Avenue
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 |
|---|---|---|---|
| Apr 7, 2025 | In contract | - | |
| In contract | |||
| Nov 27, 2024 | Listed by EXPLORE REALTY INC. | $190,000 | |
| Listed by EXPLORE REALTY INC. | |||
| Nov 24, 2024 | No longer available | - | |
| No longer available | |||
| Jul 12, 2024 | Price Decreased |
$200,000
↓ $15K
(7%) | |
| Price Decreased | |||
| Nov 12, 2023 | Listed by EXPLORE REALTY INC. | $215,000 | |
| Listed by EXPLORE REALTY INC. | |||
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This property is being sold ''As Is'' and the buyer should conduct their own due diligence.
Don't miss out on this great opportunity to purchase your own home out in the country. Nestled within beautiful large oak trees on a 1.14 acre lot, this 2 bedroom 2 bathroom home features a newly renovated kitchen as well as both bathrooms. Ceramic tile is featured throughout the house as well as new vinyl flooring in the kitchen, dinning room and hallway. Just outside the kitchen door you'll find a screened in back porch and a laundry room with plenty of storage space. Step outside the back porch and you'll find the perfect spot for projects in a fully enclosed workshop with electricity. This property also features an additional large covered carport, two culverts and is fully fenced.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017