114 MAINE 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%.
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 |
|---|---|---|---|
| Sep 22, 2023 | Sold | ||
| Sold | |||
| Jun 15, 2023 | Listed by NICOSIA REALTY INC. | $275,000 | |
| Listed by NICOSIA REALTY INC. | |||
| Sep 1, 2022 | Sold | ||
| Sold | |||
| Jun 21, 2022 | Listed by NICOSIA REALTY INC. | $269,000 | |
| Listed by NICOSIA REALTY INC. | |||
| Apr 1, 2020 | Listed by FLATFLEE.COM INC | $94,000 | |
| Listed by FLATFLEE.COM INC | |||
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Great opportunity for investors or homeowners! This home will require roughly $40,000 to complete and will have a value of around $200,000 when completed.
A minor floor plan change would allow this home to be used as a duplex.
Located in Grandin Lake shores this mostly constructed 3500sf (under roof) private 3 bedroom 2 bathroom home sits on a little over a half acre with adjacent lots available for purchase.
Hurry!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017