31
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1116 Austin Place
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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 |
|---|---|---|---|
| Oct 1, 2026 | Sold | ||
| Sold | |||
| Aug 6, 2026 | In contract | - | |
| In contract | |||
| Jul 31, 2026 | Listed by Howard Hanna Capital Inc | $274,900 | |
| Listed by Howard Hanna Capital Inc | |||
| Dec 9, 2022 | Sold | ||
| Sold | |||
| Oct 26, 2022 | Listed by Coldwell Banker Prime Properties | $219,900 | |
| Listed by Coldwell Banker Prime Properties | |||
| | |||
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Be just the 3rd owner of this meticulously maintained and recently updated full brick cape located in a quiet neighborhood! Massive kitchen with beautiful granite counters and brand new appliances (convection/air fry range, refrigerator and vented hood). Living room with gorgeous hardwood floors. 2 bedrooms downstairs with the same hardwood as well as cedar closets. Upstairs there is a HUGE 3rd bedroom with brand new carpeting and a walk in closet. Double hung windows throughout. Partially finished basement with tons of room to expand. Newly covered back porch leading to a beautiful and secluded fenced back yard full of fruit trees, flowers and a shed/workshop with full power. Newer roof, insulation, boiler and loft in garage. MULTIPLE OFFERS. BEST AND FINAL BY TUESDAY NOVEMBER 1ST AT 8PM.
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About Schenectady
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017