1005 N Center 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 |
|---|---|---|---|
| Jul 27, 2023 | Sold | ||
| Sold | |||
| Jun 8, 2023 | Listed by Coldwell Banker The Ron Brown Company | $159,000 | |
| Listed by Coldwell Banker The Ron Brown Company | |||
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Nestled on a spacious, 2.05ac. lot adorned w/amazing mature trees, this charming 1935 built home is your canvas to transform into your dream home. Nicely sized living room, 3 bedrooms, 1 bath & the kitchen has lots of cabinbets and formica counters for all your culinary needs. Some of the floors have the original wood which adds a touch of character & charm. Central HVAC and a composition roof. Half of the lot is in the city limits and the other half extending beyond. Perimeter fenced. Older storage buildings. A wet weather creek is at the back of the lot, adding a natural feature to the landscape. While this home requires some work, it presents great opportunity to add your personal touch. Some updates have been done over the years! This parcel offers so many possibilities! Build a second home on the acreage behind the existing home for rental income or build a large metal workshop. Your choice! See Flyer in Documents for more detailed info.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017