1238 Dearborn Avenue
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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 |
|---|---|---|---|
| Feb 27, 2024 | Sold | ||
| Sold | |||
| Jan 26, 2024 | Listed by GENERATION HOME PRO | $189,900 | |
| Listed by GENERATION HOME PRO | |||
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Cute, cozy, remodeled 2 bed, 1 bath home with full basement with a lot of potential. Great first home or investment property. Home welcomes you with charming enclosed porch. Kitchen has new granite counter tops, all of the basic amenities and plenty of space. New roof and cutters, HVAC/AC, Electrical box cement walk way around the house, entry doors, garage door and opener all done in 2023. Large yard and one-car garage for plenty of storage. Come see for yourself! Multiple offers received asking for Highest and Best by Sunday January 28 6 PM.
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| Aug 2, 2021 | Sold | ||
| Sold | |||
| May 15, 2021 | Listed by Brummel Properties, Inc. | $105,000 | |
| Listed by Brummel Properties, Inc. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017