11
Map
1241 Newark St
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 |
|---|---|---|---|
| May 5, 2025 | Sold | ||
| Sold | |||
| Apr 15, 2025 | In contract | - | |
| In contract | |||
| Apr 10, 2025 | Listed | $350,000 | |
| Listed | |||
| | |||
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This stunning home will impress with its many improvements and upgrades throughout. The remodeled kitchen boasts striking cabinets, gorgeous countertops, subway tile backsplash and newer stainless steel appliances - including a gas range. The full bathroom has also been updated with tasteful finishes. Other improvements include laminate flooring, updated lighting, fixtures, double pane vinyl windows, newer furnace and A/C. The exterior is equally nice and complete with a covered front porch, newer paint, new roof and gutters and a fully fenced backyard featuring a large concrete patio plus paver patio - perfect for relaxing or entertaining. As if this was not enough, an oversized 336 square foot garage is included. This is a must see! All appliances - including washer and dryer - are included, making this a turnkey home.
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| Jul 2, 2021 | Sold | ||
| Sold | |||
| May 20, 2021 | Listed | $300,000 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017