1012 PARK Road
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 |
|---|---|---|---|
| Feb 28, 2025 | Sold | ||
| Sold | |||
| Feb 7, 2025 | In contract | - | |
| In contract | |||
| Jan 28, 2025 | Listed by eXp Realty LLC | $545,000 | |
| Listed by eXp Realty LLC | |||
| Aug 4, 2023 | Listed by eXp Realty LLC | $525,000 | |
| Listed by eXp Realty LLC | |||
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There is Kern Place, and then there is core Kern Place. The epitome of location and charm, 1012 Park Rd is meticulously updated and situated steps from the heart of Kern-Madeline Park. High-quality upgrades include Pella doors and windows, custom kitchen cabinetry, quartz countertops and stainless-steel appliances. Great natural light throughout. The home is currently set up as a two-bedroom with an extra-spacious primary suite (including walk-in closet!), but could be re-configured as a three-bedroom. Refrigerated, central a/c. Brand new roof to be installed soon!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017