108 South St
About This Property
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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%.
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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.
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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 26, 2025 | Sold | ||
| Sold | |||
| Aug 14, 2025 | In contract | - | |
| In contract | |||
| Jun 27, 2025 | Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | $1,499,000 | |
| Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | |||
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New Construction~ This custom built 9 room Colonial with three finished levels, offers 4 bedrooms, 2.5 baths, a 2 car attached garage and is situated on approximately a 36,590 sq.ft lot. The first floor features a fire placed living room, dining room, wainscoting to be painted, eat in kitchen, walk in pantry, study and a half bath. The second floor has 3 bedrooms and 2 full baths which includes the master suite with a walk-in closet and full bath plus the laundry area.The finished third floor has a 4th bedroom plus a spacious bonus room that could used as a family room, guest room or office. The lower level has the potential to add more square footage of living space.The maintenance free composite deck can be accessed off the kitchen and over looks a large private flat back yard. Some on site finish work in progress, a list of the remaining items to be completed is attached.
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| Sep 6, 2024 | Sold | ||
| Sold | |||
| May 7, 2024 | Listed by Anderson Realty Partners | $529,900 | |
| Listed by Anderson Realty Partners | |||
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Attention developers/contractors.This estate sale is a great opportunity for your next flip. The property will most likely not qualify for conventional or FHA loans and will probably require cash or a rehab loan. This 7 room split features 3 bedrooms and 2 full baths. The roof and heat were replaced in 2020. Public records do not include the LL family room and full bath and they are not included in the square footage listed on the public record. The property is being sold as is with no representations made by the seller or sellers agent as to the condition and the buyer and buyers agent are to do their own due diligence. The buyer will be responsible for the clean-out as well as obtaining the smoke certificate and all associated costs. All visitors to the property must sign the indemnification form in MLS prior to entering the property. The rear deck on the house was torn down and will need to be be replaced. Heat in lower level is electric. There will be no private showings.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017