11 Third Street
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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%.
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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.
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 |
|---|---|---|---|
| Jul 11, 2024 | Sold | ||
| Sold | |||
| May 15, 2024 | In contract | - | |
| In contract | |||
| Apr 18, 2024 | Listed by Howard Hanna Rand Realty | $470,000 | |
| Listed by Howard Hanna Rand Realty | |||
| | |||
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Imagine walking down a picturesque village street in Warwick, New York, where charming old-style homes line the sidewalks. Among them stands a particularly inviting two-story house, exuding a sense of warmth and character. This delightful home captures the essence of traditional style while offering modern comforts within its walls. Upon entering, you're immediately greeted by the bright and airy atmosphere. Just one of the many things the current owner loves about this home is the natural light that floods the interior, creating a sense of openness and space. A cozy living room with a large bay window offers the perfect spot for casual conversation or taking an afternoon break with a good read and favorite beverage. The spacious dining room provides the perfect setting for dinner parties and informal gatherings, and the kitchen, with its vintage charm, offers plenty of space for meal prep. Enjoy the breakfast nook which doubles as a laundry area and has a door to your back deck. Upstairs, you'll find 3 bedrooms, plus a flex space, each offering a tranquil retreat from the outside world and provide flexibility for guests, home office, or meditation, and a shared bathroom offers convenience and comfort for all. Outdoor living spaces add to the charm of this home offering garden areas, a deck, and patio area. It's the perfect spot for outdoor entertaining, summer barbecues, or simply enjoying the fresh air and sunshine. A garden shed adorns the backyard for added convenience. Located on a desirable village street, this home offers more than just comfortable living it provides a true sense of community. Residents can stroll to nearby shops, cafes, restaurants, parks, farmer's market, or explore the scenic beauty of the surrounding area, including parks, trails, and historic landmarks. This old-style two-story home in the Village of Warwick, NY, combines the timeless appeal of classic charm with the modern amenities and conveniences desired for contemporary living. It's a place where memories are made, and where every day feels like a retreat from the hustle and bustle of the outside world.
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| Sep 16, 2023 | Price Increased |
$444,999
↑ $17K
(4%) | |
| Price Increased | |||
| Sep 16, 2023 | Relisted | $427,900 | |
| Relisted | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017