1232 Nicholson + Apt
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 |
|---|---|---|---|
| Dec 14, 2020 | Sold | ||
| Sold | |||
| Sep 24, 2020 | Listed by John Broz | $779,000 | |
| Listed by John Broz | |||
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Welcome to this fabulous home in the heart of the Heights. Open concept home has recent paint with upgrades. Also, 2020 roof. There is a G. Apt. The inviting front porch welcomes you as you step in to the spacious 1st floor living. Updated kitchen has custom cabinets, prep space and an island. Don't miss the sliding door in the dining area. The entire back wall opens and leads to a beautiful covered back porch and makes way to the spacious yard and garage apt/studio. Primary bedroom offers a fireplace, walk-in closet and a recently (2020) renovated private bath. Fabulous bath has separate shower, soaking tub and double sink. Garage apt is currently being used as an office/studio equipped with full bath, closet and kitchen space. Apt could be your home office or rented for extra income. All this located on the hike & bike trail and a short walk to Heights Mercantile, the new MKT development and Lawrence Park.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017