1
Map
112 114 Monte Cresta Ave
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Dec 15, 2021 | No longer available | - | |
| No longer available | |||
| Oct 5, 2021 | Listed by Compass | $2,298,000 | |
| Listed by Compass | |||
| | |||
|
Great investment opportunity! This property generates strong rent and includes one vacant unit perfect for an owner-user or investor seeking a great CAP rate. In addition there is potential to add two ADU's (Accessory Dwelling Unit). This bright Mediterranean-style side-by-side Duplex sits above the street near famous Piedmont Ave. Both units feature updated kitchens and bathrooms and in-unit laundry rooms with W/D. The property also includes a fully renovated studio with a new kitchen and bathroom as well as A/C and heat. In addition to this studio unit, there is ample basement space that can be used as a workout room, rec room, or office. The property also provides substantial outdoor living space. The 2-car garage has a new foundation and offers a large rooftop sitting area. The spacious back yard is filled with fruit trees, raised vegetable garden beds and two decks, two separate studio workshops. This property is located two blocks from Piedmont Ave shopping and transit. The manager has listed the unit size as 3209 square feet.
| |||
| Jul 20, 2020 | Sold | ||
| Sold | |||
| Jun 12, 2020 | Listed by COLDWELL BANKER REALTY | $1,995,000 | |
| Listed by COLDWELL BANKER REALTY | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017