1240 Main 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 |
|---|---|---|---|
| Oct 13, 2023 | Sold | ||
| Sold | |||
| Sep 13, 2023 | Listed by Coldwell Banker Realty | $250,000 | |
| Listed by Coldwell Banker Realty | |||
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This Is A Property You Don't Want To Miss Located Across From The Shrimp Boat Marina Which Is 1 Block From Bay*No Close Neighbors*Metal Building On The Property Is 60 by 40 In Size. The Property Has City Utilities Not Well Or Septic. No Flooding Into Building Per The Seller. Building Construction is Metal On Concrete Slab & All Walls Are Insulated*Roof Vents On Roof Ventilates All Hot Air* 3 Oversized Garage Doors For Loading Items.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017