1002 E Whitcomb Avenue
About This Property
The home features the formal living and dining rooms with brand new hardwood floors, energy-efficient recessed lighting, and new decorative crown molding. The kitchen has custom-made cabinets and strong vent with quartz countertops and all new stainless-steel appliances. The four bedrooms, including two masters, all have new hardwood floors. The three full-sized bathrooms have been completely remodeled with new fixtures, travertine floors, decorative tiles, vanities, and countertops. This turnkey home also offers all newly copper plumbing throughout the home, upgraded electrical wiring, new water heater and attic insulation. The oversized 2-car garage has direct access to the home and provides additional storage along with washer/dryer connections. In the backyard, the smell of citrus fills the air as there are various trees throughout.
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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 31, 2020 | Sold | ||
| Sold | |||
| Mar 5, 2020 | Listed by HomeSmart, Evergreen Realty | $845,000 | |
| Listed by HomeSmart, Evergreen Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017