1103 Mace Avenue
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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 |
|---|---|---|---|
| Nov 5, 2024 | Sold | ||
| Sold | |||
| Aug 24, 2024 | In contract | - | |
| In contract | |||
| Jul 30, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
| Jul 30, 2024 | Listed by RE/MAX Classic Realty | $750,000 | |
| Listed by RE/MAX Classic Realty | |||
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Location is Everything! What an incredible opportunity to own a fantastic home in the desirable Pelham Parkway section of The Bronx! This income producing, solid brick Gem offers a multitude of possibilities. Whether you choose to live in one unit and let the other help pay your mortgage or use the entire place for your family, this property adapts to your needs. It's also an excellent investment choice, providing the potential for a steady rental flow. The first level features a garden-style apartment with a bedroom area, a bright and airy kitchen, a living room space and one full bathroom. The second and third levels are an entire duplex, impeccably maintained, featuring 3 impressive bedrooms, a cheerful eat-in-kitchen, a large dining/living room space, a half bath and one more full bathroom. Additional attributes include a welcoming porch with picturesque views, steps away from the train station, a full garage and driveway with an extra spot in front providing parking for 3 vehicles, laundry and storages areas, and the list goes on and on! The lot is huge with an outstanding side yard for play and enjoyment, a private backyard area for relaxation, and a great deck for entertaining. You're so close to public transportation, highways, stores, schools, and have easy access to Manhattan. Do not miss this wonderful chance of Homeownership. Invest in your future today!
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| Jul 11, 2024 | Listed by RE/MAX Classic Realty | $799,000 | |
| Listed by RE/MAX Classic Realty | |||
| | |||
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Location is Everything! What an incredible opportunity to own a fantastic 2-family home in the desirable Pelham Parkway section of The Bronx! This income producing, solid brick Gem offers a multitude of possibilities. Whether you choose to live in one unit and let the other help pay your mortgage or use the entire place for your family, this property adapts to your needs. It's also an excellent investment choice, providing the potential for a steady rental flow. The first level features a garden-style apartment with a bedroom area, a bright and airy kitchen, a living room space and one full bathroom. The second and third levels are an entire duplex, impeccably maintained, featuring 3 impressive bedrooms, a cheerful eat-in-kitchen, a large dining/living room space, a half bath and one more full bathroom. Additional attributes include a welcoming porch with picturesque views, steps away from the train station, a full garage and driveway with an extra spot in front providing parking for 3 vehicles, laundry and storages areas, and the list goes on and on! The lot is huge with an outstanding side yard for play and enjoyment, a private backyard area for relaxation, and a great deck for entertaining. You're so close to public transportation, highways, stores, schools, and have easy access to Manhattan. Do not miss this wonderful chance of Homeownership. Invest in your future today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017