1177 2nd 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%.
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 19, 2024 | Sold | ||
| Sold | |||
| Oct 19, 2024 | In contract | - | |
| In contract | |||
| Sep 20, 2024 | Price Decreased |
$325,000
↓ $25K
(7.1%) | |
| Price Decreased | |||
| May 19, 2024 | Price Decreased |
$350,000
↓ $25K
(6.7%) | |
| Price Decreased | |||
| Feb 15, 2024 | Listed by Cels Homes Real Estate LLC | $375,000 | |
| Listed by Cels Homes Real Estate LLC | |||
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Introducing our latest offering from Clayton Homes: a meticulously crafted, brand new three-bedroom, two-bathroom home designed to exceed your expectations. With modern architecture and thoughtful design, this home boasts spacious living areas perfect for entertaining or relaxing with loved ones. The open-concept kitchen features sleek appliances, ample counter space, and stylish cabinetry, making meal preparation a joy. Retreat to the luxurious primary suite with its own private bathroom oasis, complete with a walk-in shower and elegant finishes. Two additional bedrooms provide versatility for guests, family members, or home office space. Enjoy the convenience of a second full bathroom, designed with both functionality and style in mind. With quality craftsmanship and attention to detail evident throughout, this Clayton home offers the perfect blend of comfort, functionality, and contemporary living. Welcome home.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017