1108 E 2nd Street
About This Property
Owner installed central air and heat and replaced the counter tops and cabinets and range in the Kitchen.
He has a persimmon tree in the back and he planted two apple trees and a Gardenia bush in the front.
The home is in "move-in" condition. Washer and Dryer hookups are in the garage.
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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 |
|---|---|---|---|
| Apr 27, 2022 | Sold | ||
| Sold | |||
| May 12, 2021 | Listed by Century 21 Olympian Lake | $145,000 | |
| Listed by Century 21 Olympian Lake | |||
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Owner has installed a gas line for the Gennerac Full House Generator. (2200KW) Owner pays $300 year for maintenance.
Owner installed central air and heat and replaced the counter tops and cabinets and range in the Kitchen.
He has a persimmon tree in the back and he planted two apple trees and a Gardenia bush in the front.
The home is in "move-in" condition. Washer and Dryer hookups are in the garage.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017