9924 Madras Place
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 5, 2018 | No longer available | - | |
| No longer available | |||
| Aug 25, 2018 | Sold | ||
| Sold | |||
| Aug 14, 2018 | Listed | $645,000 | |
| Listed | |||
| | |||
|
Move in ready home nestled in a quiet, tree lined cul-de-sac. This beautiful home is newly landscaped, filled with natural light, and has plenty of room to entertain. Recessed light, updated bathrooms, and neutral colors throughout. RV/Boat Storage, additional cement pad with a shed and room for a extra vehicles. 2 month old roof and gutters, tankless water heater, water Softner, reverse osmosis system, updated furnace, double pane windows, insulated and heated garage. This single story home will not last long! The manager has listed the unit size as 2022 square feet.
| |||
| Jun 27, 2018 | Listed by KW Coastal Estates | $645,000 | |
| Listed by KW Coastal Estates | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017