10224 McClemont Avenue
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 |
|---|---|---|---|
| Nov 11, 2021 | No longer available | - | |
| No longer available | |||
| Nov 10, 2021 | Sold | ||
| Sold | |||
| Sep 9, 2021 | In contract | - | |
| In contract | |||
| Aug 25, 2021 | Listed by Keller Williams Real Estate Services | $680,000 | |
| Listed by Keller Williams Real Estate Services | |||
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Investors & first time buyers, here is just the opportunity you've been looking for! This 3 bedroom, 1 bath home sits on a large +/- 6,000 sq ft lot, has a detached garage, and is zoned R1.5, creating the perfect opportunity to build multiple income generating units OR further develop as a primary residence. Additional features include central air & heat, partially upgraded copper plumbing, spacious walk in closet in the primary bedroom, & a dedicated laundry room. Run, don't walk, as this one is going to go fast! The manager has listed the unit size as 1233 square feet.
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| Aug 4, 2021 | Listed by Keller Williams Real Estate Services | $680,000 | |
| Listed by Keller Williams Real Estate Services | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017