10 Pershing Avenue
About This Property
Major remodel in 2017 ensures modern comforts with updated electric and plumbing systems. Gas heating and cooking, sewers, electric hot water heater. A 300 square foot garage space suitable for storage, a boat house, or potential conversion to additional living space with proper permits. 40 feet of navy bulkhead for docking and water access.
Home has been elevated as per FEMA guidelines. Will transfer current flood policy to buyer (currently $815 per year) Additional Information: ParkingFeatures:1 Car Detached,
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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 |
|---|---|---|---|
| Dec 9, 2024 | Sold | ||
| Sold | |||
| Aug 30, 2024 | In contract | - | |
| In contract | |||
| Jul 25, 2024 | Listed by Owner Entry.com | $699,999 | |
| Listed by Owner Entry.com | |||
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About West Babylon
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Data Source: OneKey MLS
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Address: 335 Madison Avenue, New York, NY 10017