1218 48th Street
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, 2025 | Sold | ||
| Sold | |||
| Apr 3, 2025 | Listed by UTR TEXAS, REALTORS | $139,000 | |
| Listed by UTR TEXAS, REALTORS | |||
| Apr 15, 2021 | No longer available | - | |
| No longer available | |||
| Apr 8, 2021 | Listed | $95,000 | |
| Listed | |||
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Super cute well kept home with lots of updates inside and out! Also has potential for an extra room or efficiency on the same lot. Large carport with new wood beams and paint! New paint inside and out, updated flooring, updated kitchen cabinets and bar area and 2 new water heaters! Great Home, call for tour! The manager has listed the unit size as 1040 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017