118 Armstrong 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 |
|---|---|---|---|
| May 8, 2024 | Sold | ||
| Sold | |||
| Mar 18, 2024 | In contract | - | |
| In contract | |||
| Mar 9, 2024 | Listed by Century 21 North East | $699,900 | |
| Listed by Century 21 North East | |||
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Welcome to this meticulously cared-for colonial offering a blend of character and modern comfort. Conveniently located in a neighborhood setting, with easy access to highways, schools, shopping, and more. Spacious front to back living room featuring a cozy gas fireplace, gleaming hardwood floors, and access to a new spacious large deck overlooking the fenced in yard for privacy and enjoyment. The eat-in-kitchen boasts white cabinetry, granite countertops, and stainless steel appliances. Upstairs, the master bedroom with a private balcony, vaulted ceiling, two closets, and bathroom entry. Two additional bedrooms complete the second floor. The basement includes a bonus office or versatile space, along with a tile mudroom. One car garage and paved driveway providing ample parking. Don't miss the opportunity to own this delightful gem.First showings are at Saturday March 16 and Sunday March 17 from 12:00 P.M. to 2:00 P.M. OFFERS DEADLINE MONDAY, 03/18 7:00 P.M.
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| Oct 8, 2021 | Sold | ||
| Sold | |||
| Jul 19, 2021 | Listed by Century 21 North East | $615,000 | |
| Listed by Century 21 North East | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017