1112 Georgia 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%.
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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 |
|---|---|---|---|
| Nov 19, 2024 | Sold | ||
| Sold | |||
| Oct 19, 2024 | In contract | - | |
| In contract | |||
| Jun 13, 2024 | Listed by Coldwell Banker - HPW | $700,000 | |
| Listed by Coldwell Banker - HPW | |||
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Back on the market as the previous buyer did not want to take on repairs. Repairs made, see docs in MLS for details. Single Floor Living. Surrounded by greenery, this charming home invites you to unwind on the spacious front porch. Inside, a large living room and dining room await. French doors, leading to an expansive screened porch. The dining room features tasteful details, incl. stone countertops and a built-in China hutch. Cork floors add beauty and practicality; hardwood floors extend throughout. The kitchen boasts cherry-finished cabinets and a pop-out garden window. 2 Bedrooms offer ample storage with built-in cabinets and drawers. 2 full baths feature unique designs. This house has been thoughtfully modernized with ''Smart Home'' features, including a Ring Doorbell, Nest Thermostat & Smoke Alarm, Rennai Hot Water Heater, LG Washing Machine, and solar panels on the roof with a solar-powered attic fan. Last year, the home's production reached approximately 2.5 MWh, translating to nearly $319 in savings. Outside, meandering paths wind through gardens, attracting wildlife enthusiasts. Behind the home is a detached 2-car garage with a wired workshop. All radiators are still attached to the boiler in the basement but have not been used since 2016. The home was modernized in 2017 with an electric heat pump and central AC. The on-demand gas tankless water heater is 2 years old, and the Hardie Plank siding was added in 2002.
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| Nov 5, 1999 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017