128 W Main
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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 23, 2019 | Sold | ||
| Sold | |||
| Apr 17, 2019 | No longer available | - | |
| No longer available | |||
| Feb 26, 2019 | Listed by RE/MAX Bryan College Station | $129,000 | |
| Listed by RE/MAX Bryan College Station | |||
| Dec 15, 2018 | Listed | $129,000 | |
| Listed | |||
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Remarkable 7600 sq ft building and 200' radio tower circa 1948. This was the Falls County Electrical Co-op Bldg. It was built like a fort. 6 big bay doors. Loading area. 3 phase power to property. Offices, bathrooms, storage, vault, reception area, and FULL KITCHEN. This property has incredible potential for many uses. Income producing with so much upside.
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Last Updated: 3 years ago
Data Source: HAR , MLS# 50156685
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017