1158 Hubbard Ave
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%.
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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.
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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 |
|---|---|---|---|
| May 2, 2023 | No longer available | - | |
| No longer available | |||
| Mar 30, 2023 | In contract | - | |
| In contract | |||
| Mar 28, 2023 | Price Decreased |
$999,000
↓ $176K
(15%) | |
| Price Decreased | |||
| Mar 21, 2023 | Listed by Q1 Real Estate | $1,175,000 | |
| Listed by Q1 Real Estate | |||
| | |||
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Hilltop family compound with 2.93 acres. City says splittable into 20,000 sq ft estate lots. House is a true family compound, with separate and private quarters with spectacular views over the city and back country. Room for all your toys. Beamed cielings, 2 stone fireplaces Oak floors and kitchen cabinets. Large patio that is covered and perfect for grilling and chilling. Oversized 2 car garage. Terraced gardens and mature landscape. Fruit trees and room for acres of gardens. Grow grapes?exotic fruit? Nuts? Great soil and there is potential for a well to serve agriculture needs. Cost around $45,000 to have unlimited water. Could split into 4 additional lots behind the big house.Maybe even create another lot next to the big house. House has tenants who would like to remain. Could use paint and carpet and the usual personalized touches, but in good shape. Present owner is a trust that never occupied the property. Potential galore to aquire and carve off the lots as needed. Sewer and water right there. 6 acre ranch next door owned by same trust and would consider sale That would be around 9 acres total. Could be 12-15 lot deal. Seller may consider trade Let’s discuss. Easy to show with appointment. The manager has listed the unit size as 1760 square feet.
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| Dec 20, 2019 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017