1218 Pershing Avenue
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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%.
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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 |
|---|---|---|---|
| Feb 16, 2023 | Sold | ||
| Sold | |||
| Oct 28, 2022 | Listed by Village Realty, Inc. | $369,700 | |
| Listed by Village Realty, Inc. | |||
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|
Beautifully updated and ready for new owners! Bigger than it looks! Solid, brick 3br 2 bath home on quiet street in Charming Wheaton. Deep 150' lot with brand new 2.5 car detached garage, newer a/c and furnace with some newer windows. Gorgeous new kitchen with white, shaker style cabinets, quartz countertops, and all stainless appliances. New bathrooms with new floors, vanity, toilet, tub/shower and sinks. Bedrooms have refinished hardwood floors. Entire interior has been repainted. Large usable walk-up attic with flooring. Outside has all new concrete driveway, concrete walks and concrete stoops. Private fenced yard. Comfortable spaces; eat-in kitchen, living room on main floor and family room on lower level with new flooring plus easy access to huge crawl space. Exterior access from lower level to the big back yard. New electric service and panel. Full village permits and inspections for renovation. The village is in the process of installing public sidewalks, new storm sewers and re-paved streets on this block. Sq/ft = 1458 Total finished sq/ft = 1458, total unfinished sq/ft = 112
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| Aug 31, 2022 | No longer available | - | |
| No longer available | |||
| Jul 28, 2022 | Price Decreased |
$325,000
↓ $15K
(4.4%) | |
| Price Decreased | |||
| Jun 12, 2022 | Price Decreased |
$339,900
↓ $35K
(9.3%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017