108 Mechanic St Ext
About This Property
Experience the ease of first-floor living in this meticulously maintained ranch home. Featuring hardwood floors, three bedrooms and a beautifully updated kitchen, this home blends comfort with timely updates. The poured foundation basement, boasting tall ceilings, offers endless possibilities for additional living space or storage.
Situated on two combined lots totaling 1.04 acres, this property provides a sense of seclusion while still being conveniently located. Enjoy crisp evenings on the covered back porch or cozy up indoors by the fireplace. An attached two-car garage and laundry on the main level adds to the home's practicality. Don't miss this exceptional opportunity!
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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 5, 2025 | Sold | ||
| Sold | |||
| Mar 2, 2025 | In contract | - | |
| In contract | |||
| Feb 25, 2025 | Listed by Core Real Estate Team | $315,000 | |
| Listed by Core Real Estate Team | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017