110 Phillips 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 |
|---|---|---|---|
| Jan 2, 2025 | Sold | ||
| Sold | |||
| Nov 28, 2024 | In contract | - | |
| In contract | |||
| Nov 20, 2024 | Listed by Churchill Properties | $949,000 | |
| Listed by Churchill Properties | |||
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This charming property features three bedrooms, each designed for comfort and relaxation. The two full baths are elegantly appointed, while the additional half bath adds convenience for guests. The home boasts a modern layout that seamlessly blends style and functionality. Situated within walking distance to the scenic Atlantic Path, residents can enjoy leisurely strolls and breathtaking views of the coast line. The property was completely renovated ten years ago with stylish fixtures and finishes throughout. Located in the highly desirable neighborhood known as The Avenues this home offers a community atmosphere ideal for anyone looking to embrace a vibrant lifestyle, this home combines modern living with a prime location.
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| Oct 17, 2014 | Sold | ||
| Sold | |||
| Aug 4, 2014 | Listed by Churchill Properties | $699,000 | |
| Listed by Churchill Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017