1 Paul Ave
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 |
|---|---|---|---|
| Aug 30, 2017 | Sold | ||
| Sold | |||
| Jul 30, 2017 | Listed | $399,900 | |
| Listed | |||
| | |||
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Well maintained, comfortable 6+ room, 3 bedroom raised ranch in Salem’s Witchcraft Heights. Home features beautiful hardwood floors throughout, fireplaced living room, dining room, spacious kitchen, and updated bath. Lower level features open floorplan with oversized family room with laminate floor, electric fireplace, laundry room and access to the one car garage. Spacious laundry room offers potential for additional bath. Well maintained backyard has fire pit and enclosed patio. Home is located on a small cul-de-sac. This home does not disappoint!The manager has listed the unit size as 1638 square feet.
| |||
| Jul 5, 2017 | Listed by RE/MAX Legacy | $399,900 | |
| Listed by RE/MAX Legacy | |||
| Sep 30, 2014 | Sold | ||
| Sold | |||
| Aug 12, 2014 | Listed by RE/MAX Legacy | $279,900 | |
| Listed by RE/MAX Legacy | |||
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Address: 335 Madison Avenue, New York, NY 10017