1011 Steele Boulevard
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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 |
|---|---|---|---|
| Sep 3, 2024 | Sold | ||
| Sold | |||
| Jul 7, 2024 | In contract | - | |
| In contract | |||
| Jun 26, 2024 | Listed by Long Term Realty Corp | $559,000 | |
| Listed by Long Term Realty Corp | |||
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Introducing 1011 Steele Blvd., A spacious raised ranch situated on a level 55x100 lot just south of Atlantic Ave. Perfect opportunity to make this home your own. This home features an entry foyer with vaulted ceilings, living room, dining room, eat in kitchen with gas cooking, master bedroom, bedroom, bedroom, full bath, and beautiful solid oak floors under carpet throughout. This home also features a full unfinished lower level with a separate entrance just begging to be finished. Could easily be converted to a mother daughter and or additional living space. The lower level also consists of the utilities, gas hot water boiler, gas hot water heater, laundry area with washer and dryer and a nice sized attached 1.5 car garage with direct access to the lower level. Although vintage and in need of some TLC, everything is in working order and this home is being sold as is. Great Location, Great Community and close to all including parks, shops and public transportation. Low Taxes of $9,076 with Star.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017