1173 Newark St
About This Property
This property qualifies for A Community Reinvestment Act program which offers 1.75% of loan amount lender credit towards Closing Costs, Pre-paids or Buy-down with no income limit .
Buyer can receive up to 1.75% of the loan amount towards closing costs by using our preferred lender. This program is approved for primary residence, 2nd homes and investment property financing. For more details contact listing agent
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 |
|---|---|---|---|
| Nov 8, 2024 | Sold | ||
| Sold | |||
| Oct 10, 2024 | In contract | - | |
| In contract | |||
| Oct 3, 2024 | Price Decreased |
$420,000
↓ $5K
(1.2%) | |
| Price Decreased | |||
| Sep 26, 2024 | Price Decreased |
$425,000
↓ $5K
(1.2%) | |
| Price Decreased | |||
| Sep 15, 2024 | Relisted | $430,000 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017