108 Prospect 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 |
|---|---|---|---|
| Sep 2, 2024 | Sold | ||
| Sold | |||
| Jun 25, 2024 | In contract | - | |
| In contract | |||
| May 29, 2024 | Listed by Century 21 Calabrese Realty | $599,900 | |
| Listed by Century 21 Calabrese Realty | |||
| Jan 19, 2024 | Sold | ||
| Sold | |||
| Jan 19, 2024 | Listed by Prominent Properties Sotheby's International Realty-Tenafly | $399,000 | |
| Listed by Prominent Properties Sotheby's International Realty-Tenafly | |||
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Located in the heart of Dumont, this home is strategically positioned for convenience. You'll enjoy easy access to public transportation, ensuring a seamless commute to work or school. Dumont boasts excellent school systems, making this property an ideal choice. Let your creativity run wild and customize this space to your liking. With a some vision, this diamond in the rough can be turned into a true masterpiece. Competitively priced, offering an outstanding opportunity to get into the desirable Dumont market. Whether you're a first-time homebuyer with a dream or an investor with an eye for potential, this property is worth exploring.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017