112 Mechanic St.
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 |
|---|---|---|---|
| Mar 10, 2022 | Sold | ||
| Sold | |||
| Jan 3, 2022 | Listed by Cameron Prestige, LLC | $225,000 | |
| Listed by Cameron Prestige, LLC | |||
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Located on a large in-town lot in an established neighborhood, this home offers comfortable space for new owners. On the first floor is the kitchen, with granite countertops, a pantry, formal dining room, front to back living room, laundry room and sun room with bright natural light. The second floor has 3 ample size bedrooms with hardwood flooring. The owner recently installed a new wood burning parlor stove and wood burning furnace for back up heat. The large, partially wooded back yard has many mature plantings and garden areas. This home has been extremely well maintained and all the appliances convey including a freezer and a back up generator.
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| Sep 26, 2021 | No longer available | - | |
| No longer available | |||
| Sep 24, 2021 | Listed by Keller Williams Realty North Central | $225,000 | |
| Listed by Keller Williams Realty North Central | |||
| Nov 29, 1984 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017