1208 3rd Avenue
About This Property
Welcome to this spacious and inviting home located in the very desirable Pine Lake Park neighborhood. The large square footage and practical layout, combined with the sizeable backyard make this the ideal home for a growing family! Downstairs are a living room, kitchen, dining room, full bathroom as well as 2 bedrooms. The additional 3 bedrooms and full bathroom upstairs leave the option open to use one of the downstairs bedrooms as a den or office. Off the kitchen is a large deck allowing outdoor enjoyment and bright sunlight indoors!
The house needs some work and updating, but many big ticket items have been replaced recently. Do not miss this opportunity- schedule your showing today!
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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 |
|---|---|---|---|
| Sep 13, 2024 | Sold | ||
| Sold | |||
| Aug 6, 2024 | In contract | - | |
| In contract | |||
| Jun 30, 2024 | Listed by HomeSmart First Advantage | $429,000 | |
| Listed by HomeSmart First Advantage | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017