115 1st Street
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 |
|---|---|---|---|
| Jul 7, 2023 | Sold | ||
| Sold | |||
| Mar 3, 2023 | Listed by LEFERE REALTY | $44,900 | |
| Listed by LEFERE REALTY | |||
| Feb 4, 2023 | No longer available | - | |
| No longer available | |||
| Jan 21, 2023 | Listed by Century 21 Lefere | $94,900 | |
| Listed by Century 21 Lefere | |||
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Two bedroom, 1 bath home in the Village of Addison. Home has vinyl siding, porch and 1 car detached garage. Property will be in an on-line auction. All offers must be submitted via Auction.com (Auction Company). Auction runs 2/13-2/15/23. Property is occupied so NO interior showings at this time. AN OFFER MANAGEMENT FEE OF $175.00 IS CHARGED BY PYRAMID PLATFORM IN CONNECTION WITH THIS TRANSACTION. THIS FEE WILL BE DEDUCTED FROM THE AGENTREPRESENTING THE BUYER AS SELLING AGENT AND/OR TRANSACTION BROKER'S COMMISSION AND PAID TO PYRAMID PLATFORM. The manager has listed the unit size as 1104 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017