1229 Nicholson 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 |
|---|---|---|---|
| Nov 21, 2024 | Sold | ||
| Sold | |||
| Oct 19, 2024 | In contract | - | |
| In contract | |||
| Sep 26, 2024 | No longer available | - | |
| No longer available | |||
| Sep 25, 2024 | Listed by Engel & Volkers Houston | $1,269,000 | |
| Listed by Engel & Volkers Houston | |||
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Experience Southern elegance in this stunning New Orleans-style two-story home located on the Heights bike trail. An added bonus is the 624 sq ft garage apartment that adds a fourth bedroom and bath to the home for a total of 3410 sq ft. The exterior features beautiful balconies, inviting porches, gorgeous landscaping that just exudes charm. Enter through the grand entry into a sophisticated interior with intricate archways, updated quartzite countertops and a serene private backyard. This home combines classic architecture with modern amenities and a walking distance to some of the Heights best restaurants.
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| Aug 10, 2024 | Price Decreased |
$1,299,000
↓ $50K
(3.7%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017