10 Second 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 29, 2021 | Sold | ||
| Sold | |||
| Oct 24, 2020 | Listed by Beautiful Day Real Estate | $349,900 | |
| Listed by Beautiful Day Real Estate | |||
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Beautifully Remodeled 2 bedroom ranch located on private dead end street with extra lot garage and storage barn. Newly installed kitchen with mIssion style cabinets, subway tile backsplash and granite counters. Gorgeous southern yellow pine floors in skylit living room. New Septic System to be installed by Seller prior to closing. Cannot be purchased with FHA Mortgage until after 1-22-21 due to 90 day flip rule. Conventional Financing Only.
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| Oct 21, 2020 | Sold | ||
| Sold | |||
| Sep 25, 2020 | Listed by Highland Real Estate Group | $249,900 | |
| Listed by Highland Real Estate Group | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017