1107 W Wallace Street
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 |
|---|---|---|---|
| Aug 24, 2021 | Sold | ||
| Sold | |||
| Nov 9, 2020 | Listed by Hoyt Real Estate | $125,000 | |
| Listed by Hoyt Real Estate | |||
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This home is located in the middle of the action. Walking distance to restaurants, schools, gas station and soon the local grocery store will be located across the street. This property has the potential to be a business location or a residence. It has central heat and air and is all electric. Bathroom has tub shower combination. Kitchen has built in cook top and oven, vent a hood and dishwasher. Move in ready.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017