12 Folsom Place
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 |
|---|---|---|---|
| Aug 19, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Apr 8, 2024 | Listed by City Homes Realty Group LLC | $789,000 | |
| Listed by City Homes Realty Group LLC | |||
| | |||
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NEW ON MARKET! Welcome to this fully detached 1-family property, sitting on a 25' X 100' lot! The current layout of this 500 sqft property features open-concept living, dining rooms, a fully equipped kitchen with access to the backyard, 2 bedrooms, and 2 full baths, and a basement with a separate entrance! Well-located neighborhood near Highland Park, Atlantic Ave, 3 Blocks to J&Z Train station at Fulton St. schools, shopping areas, easy access to Jackie Robinson Pkwy, and so much more!
| |||
| May 18, 2023 | Sold | ||
| Sold | |||
| Mar 6, 2023 | Price Decreased |
$499,000
↓ $51K
(9.3%) | |
| Price Decreased | |||
| Feb 28, 2023 | Price Decreased |
$549,999
↓ $50K
(8.3%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017