18
Map
1029 West Avenue
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| May 31, 2024 | Sold | ||
| Sold | |||
| May 10, 2024 | In contract | - | |
| In contract | |||
| Apr 24, 2024 | Listed by Heritage Property Source | $75,000 | |
| Listed by Heritage Property Source | |||
Property Highlights
1029 West Avenue
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Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
04/24/2024
| |
Studio
|
-
|
-
|
$75,000
Studio
-
|
$70,000
-6.67%
05/31/2024
|
-
|
Ryan Burke
Keller Williams - Buffalo Northtowns
|
Building Info
About West Side
Similar Homes for Sale
Nearby Rentals
$1,100 /mo
- 3 Beds
- 1 Bath
- 1,806 ft²
$995 /mo
- 1 Bed
- 1 Bath
- 4,016 ft²
Data Source: NYSAMLSs, MLS# B1533528
