0 Nesmith Street
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 |
|---|---|---|---|
| Mar 22, 2023 | Sold | ||
| Sold | |||
| Feb 15, 2023 | In contract | - | |
| In contract | |||
| Feb 6, 2023 | Listed by Keller Williams Realty Metropolitan | $130,000 | |
| Listed by Keller Williams Realty Metropolitan | |||
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This level, corner lot has so much opportunity. This lot is fully fenced in with the adjacent home and can be easily separated with one fence. Rare opportunity in the city! Check with the city for any variances needed to build a home on this lot! Offer deadline 2.13.23 @4pm
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017