1089 Tulip 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 |
|---|---|---|---|
| May 29, 2025 | Sold | ||
| Sold | |||
| Apr 3, 2025 | In contract | - | |
| In contract | |||
| Mar 14, 2025 | Price Decreased |
$729,000
↓ $999
(0.1%) | |
| Price Decreased | |||
| Mar 4, 2025 | Listed by RE/MAX Luxe | $729,999 | |
| Listed by RE/MAX Luxe | |||
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Move right into this fully renovated home in the heart of Franklin Square! This house has 3 bedrooms and 1.5 bathroom. Featuring a brand-new roof with a 10-year warranty, this home offers modern upgrades throughout. Stay comfortable year-round with central AC and heat, and enjoy energy efficiency with a tankless water heater.
The spacious lot provides endless possibilities for outdoor living, entertaining, or expansion. With too many updates to list, this home is a must-see!
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| Sep 26, 2024 | Sold | ||
| Sold | |||
Property Highlights
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Price/ft²
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About Franklin Square
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017